We have a business we sold and is now coming back to us. There is less than 30 days left on the contract for deed, but the promissory note has already expired. Now the current business owner is stripping the place. We will receive it back it unsalable or unusable condition if we can't get in there and prevent this. What options do we have legally to stop/reverse this? It is a bar and grill, so he's taking big screen tv's, appliances, tables etc. It was sold to him with over 20k in inventory alone not to mention working equipment and Point of Sale system. He also was left with a fully trained staff and loyal clientele... Now the reputation is trashed, the employee's have scattered and he has 30 days to strip the place?
any feedback would be appreciated, thanks.
any feedback would be appreciated, thanks.