A friend of mine recently bought into a small consignment shop, no legal documnation drawn up, only a piece of paper signed by both parties. She invested $l2,000, is receiving only a small amount monthly (no set amount was agreeded on), she is not on the checking
account, and the books are kept very loosely, She now wants her money back, the agreement stated that this could be done, only now the other party is saying there is no
money to refund the money invested back to my friend. Short of going to court what can she
do.
Reply : infotaxsquare.com
Dear Faye Hancock,
Thanks for choosing InfoTaxSquare.com for your business needs. We would suggest you to please consult to an attorney about your issue. Because our job is limited to business registration.
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