Really? I didn't think this was an option. Clearly I do not have a lot of knowledge on the legal system or lawsuits in general. I've never done this before and frankly I'm just afraid I'm going to screw it up.
This is what I'm thinking as well. I don't want to bury myself in legal fees, and it might not be worth $3k-$5k just to get back $15k, when I can go to small claims for around $100 filing fee and potentially win my $12k (max limit for small claims in my state).
I agree 100%, I definitely should've thought twice about it and sought out the advice of others. Hindsight really is 20/20. Another red flag was that she was rushing me to send it, she texted me that morning while I was at work training a new employee, and after I agreed she had me leave the...
This is something I am definitely concerned with, at the time I had no idea that it was usury to get that much in interest. I didn't ask for that much, she offered it to help convince me to do the loan. As they say, if it seems too good to be true, it probably is. I definitely should have done...
So retaining my job isn't important because I no longer work for her. She made a lot of terrible business decisions and ran her company into the ground, so there is no company to work for anymore. It was thriving for the 3.5 years that I was there, and as soon as she got married she let it all...
Lol yep I figured I'd cast as wide of a net as I could and see what advice I can get. I actually posted to 4 different forums. Thank God for helpful people I should've done this a long time ago.
Hi everyone, I'm looking for advice on what to do regarding a personal loan. I loaned my boss $15,000 last May and she has now cut off all contact with me and is refusing to pay me back. During her proposition she offered to give me an extra $3,000 in interest, therefore making the total owed...