Hey Buddies,
Here's the brief version :
My Father is a business man who has lent $ to various friends and biz associates for many years, and allways does so with all legal doc's in place ... and of course a decent interest return.
This "contractor" borrows $50K, 2 years ago builds - sells - all good - Dad gets paid.
Last year "contractor" does same 2 more times - all good - Dad gets paid.
Last May "contractor" attempts to do the same, buys 2 properties locally, orders 2 more pre fab houses from Oregon... all paid with dads $ - then skips back to Oregon where he came from with about $100k of dads dough and wont return calls or nuthin.
We have forclosed on 1 property and proceeding with the next. The prefab houses are in upper Oregon and are now accruing storage charges.
My question is : " how can we serve this guy papers, criminal ... and or otherwise? " Sorry, we arnt interested in breakin his legs ... thanx for the thought though. Even if we sell the houses and properties I am certain it will be at a loss.
Any Lawyers out there? Thnx - Kent
Here's the brief version :
My Father is a business man who has lent $ to various friends and biz associates for many years, and allways does so with all legal doc's in place ... and of course a decent interest return.
This "contractor" borrows $50K, 2 years ago builds - sells - all good - Dad gets paid.
Last year "contractor" does same 2 more times - all good - Dad gets paid.
Last May "contractor" attempts to do the same, buys 2 properties locally, orders 2 more pre fab houses from Oregon... all paid with dads $ - then skips back to Oregon where he came from with about $100k of dads dough and wont return calls or nuthin.
We have forclosed on 1 property and proceeding with the next. The prefab houses are in upper Oregon and are now accruing storage charges.
My question is : " how can we serve this guy papers, criminal ... and or otherwise? " Sorry, we arnt interested in breakin his legs ... thanx for the thought though. Even if we sell the houses and properties I am certain it will be at a loss.
Any Lawyers out there? Thnx - Kent
