Promisory note statue of limitation

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scourret

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Dear Sir or Madam:

I have signed a promissory note in March of 2003 for a $15,000.00 dollars loan to a friend. I have made partial payments until 12/30/04. As a wine importer I have paid the rest of the loan in wine cases. He is now asking me for more money.
What should I do?
I have a copy of the promissory note if needed as well as all the wine invoices and delivery we have made for this person.

Thank you in advance for any advice you may provide.

Best regards,

Stephan
 
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How much money (actual cash) did you pay?

How much was the wine worth?

Did you get a receipt when you paid him in wine?
 
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