What to do if I have a document signed by an individual who owes me $40,000 and they live out of state?

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What to do if I have a document signed by an individual who owes me $40,000 and they live out of state?

The document is in the handwriting of the debtor although he didn’t put the date on the document; he put the amount due and the deadline date of payment. Is the document valid although this undated? How much approximately will the legal expenses be to send the case to court? How could I find a law firm here that can litigate there?

Asked on August 20, 2012 under Bankruptcy Law, California

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 12 years ago | Contributor

The document (promissory note suspected) is a valid document even if not dated since it is signed by the person who owes you the $40,000. I would write the person a note asking for payment beginning the first of Spetember 2012 and continuing until the obligation is paid off. Keep a copy of the letter for future use and need.

If you do not get a response as to what you want, then you should consult with an attorney who does contract law in the county where you reside for guidance in the matter. The lawsuit can be filed in the county where you reside if the agreement was entered into there. As to costs for an attorney, that issue is best left to the person who you engage in your matter.


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