Ask Experts Questions for FREE Help !
Ask
    henten39's Avatar
    henten39 Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 7, 2009, 01:48 PM
    Small business
    I sold small business in which buyer paid 1/2 down and was to make payments of $500.00 for 20 months.
    Owner has closed business at same time 1st payment is due, not paid rent on building
    (I do not own building), and refuses to return property.
    She owes me $10,000.00. Small claims in Florida is only $5000.00, now Im being told to do a replevin. Does that make sense?
    I have a very detailed contract that clearly states, after 60 days of non payment she must return everything, she cannot sell any items out of the business, but she refuses any attempt I make to retrieve.
    Any advice.
    this8384's Avatar
    this8384 Posts: 4,564, Reputation: 485
    Ultra Member
     
    #2

    Nov 13, 2009, 09:26 AM
    Quote Originally Posted by henten39 View Post
    I sold small business in which buyer paid 1/2 down and was to make payments of $500.00 for 20 months.
    Owner has closed business at same time 1st payment is due, not paid rent on building
    (i do not own building), and refuses to return property.
    She owes me $10,000.00. Small claims in Florida is only $5000.00, now Im being told to do a replevin. Does that make sense?
    I have a very detailed contract that clearly states, after 60 days of non payment she must return everything, she cannnot sell any items out of the business, but she refuses any attempt I make to retrieve.
    Any advice.
    Your best bet at this point would be to hire a lawyer and let them handle it for you.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

How to prepare a small business profile, or format of small business profile [ 3 Answers ]

Please help me to prepare a business profile letter Thanks Kevin

SOL on a Business to Business Small Claims Court [ 6 Answers ]

Our case is that we purchase of a software "PICK" 3 user licence, Oct 1 st 1997. It did not come to our attention that it was illegal till March 2007. We ended up filling a Small Claims court suit for $10,000 for our money back. Today the jugde refused our claim saying SOL had expired,...

Looking for small town business-to-business service need I'm qualified for [ 5 Answers ]

I hope someone out there can help! Some entrepreneur who's already made this discovery and who can hep me do similar. Seems everything I can think of nobody would pay any $ for me to do. I am 7 yr stay at home MOM w/ 2 kids now just both in school and I really need to find work I can do to...


View more questions Search