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Old 05-29-2012, 09:04 AM
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Default Some legal advise about owed payment

hi guys,

one of my build houses over in China was chatting with me and asking me about some legal advise.

One of their US customers ( not for car audio, but something related) owes them TOO much money for too long.

So they want to take legal action on this company in order to get back some money.

But now the problem is, anyone has any kind of experience in this kind of matters?

or best, anyone here is a lawyer or something? hahahaha..

if u help this build house out, i'm very sure you'll be pleased with what they can offer you ( audio) wise

thanks in advance guys

Cheers!

Russ
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  #2  
Old 05-29-2012, 09:39 AM
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Is there a defined due date on when money was owed? Is there documented agreements on both ends on when payment was owed? Is there documented attempts of collection of past due amounts?
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Old 05-29-2012, 09:45 AM
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Quote:
Originally Posted by Ringspun09 View Post
Is there a defined due date on when money was owed? Is there documented agreements on both ends on when payment was owed? Is there documented attempts of collection of past due amounts?

hi there, yup.

there is all of the above, including shipping documents, BLs etc etc.

there are also exchange in communications ( emails) on attempt to get payment. but nothing was sent

Thanks again for your help

Cheers
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Old 05-29-2012, 09:49 AM
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Oh yea then they have a more then solid case for money collection.
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Old 05-29-2012, 09:50 AM
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Quote:
Originally Posted by Ringspun09 View Post
Oh yea then they have a more then solid case for money collection.
but being a foreign company, will this be an issue?

this company has all the paper work on hand. they are just wondering since they are not based in the US, how hard will it be?
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Old 05-29-2012, 09:53 AM
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Depending on how much money is owed you might be able to pursue thru small claims court. What state was the purchaser from as laws might be different state to state.
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Old 05-29-2012, 09:57 AM
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Quote:
Originally Posted by headshok View Post
but being a foreign company, will this be an issue?

this company has all the paper work on hand. they are just wondering since they are not based in the US, how hard will it be?
The only thing, They would have to send someone to the State/county that the ower lives in to take them to court. Shouldn't matter that they are foreign.
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Old 05-29-2012, 10:00 AM
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Yea there best bet is to call a lawyer from that state and explain the situation. It shouldn't be an issue at all since your collecting money from the US, a contract is a contract. But if I was the US trying to collect from outside the US most is a lost cause.
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Old 05-29-2012, 10:02 AM
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Nobody from the company collecting has to be there, the lawyer is there to represent their client.
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Old 05-29-2012, 10:02 AM
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thanks for the info guys

the amt owed is enough to buy a house in the decent house/ apartment in the US.

alright i'll pass the info on

also for this kind of cases, if its straight forward,how long can it drag? any idea?
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