burrridge
Feb 26, 2006, 11:37 PM
I invested in a so called company starting up and selling healthcare benefits.
I knew the parties and thought everything was fine. I was given stock certificates in the company and have a written agreement as to the repayment plan they would pay me back my investment. I also have a lien against their house, which was filed with a Title and Trust Company.
One of the parties is now in jail for illegal practices of some sort. I don't know where the other one is. I am not receiving any money. I don't know where to go with these certificates, which I think now are probably worthless, their home has been taken away from them and the title company tells me I am still on file with my lien. I checked with the county and the house has been sold to some other people. I can't believe this has happened to me. I just wanted to invest in a company , so I would have an income and be able to support myself. Please Help!! Illinois resident
I knew the parties and thought everything was fine. I was given stock certificates in the company and have a written agreement as to the repayment plan they would pay me back my investment. I also have a lien against their house, which was filed with a Title and Trust Company.
One of the parties is now in jail for illegal practices of some sort. I don't know where the other one is. I am not receiving any money. I don't know where to go with these certificates, which I think now are probably worthless, their home has been taken away from them and the title company tells me I am still on file with my lien. I checked with the county and the house has been sold to some other people. I can't believe this has happened to me. I just wanted to invest in a company , so I would have an income and be able to support myself. Please Help!! Illinois resident