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Where do I File a my Civil Suit.
Yes, I have questions. My LLC is in Wyoming I live in California. I did a private money loan in my Company's name to a couple in Oklahoma. Without going into all the particulars, a promissory not was signed for a short term loan (10 days). The terms were really good. He ended up breaching the contract. I filed a civil suit in my County in CA. I had a case management conference in April. I asked for an extension because we worked out that he would have me paid in 60 days. We drew up another promissory note which he also breached. I have another case management conference on the 27th. This Wednesday! My question is, did I do wrong by filling in California? Is this going to be a huge problem? My promissory note says, "by the laws of California". I am so confused on if I am doing the right thing. I have gotten mixed answers from attorneys. Does anybody know???
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- Real Estate Consultant
- Summerlin, NV
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Chris since you schooled me on the confession of judgement I am fairly certain those dont exist out on the west coast other wise i would have done them
I had a deal in OkC that we had to litigate little different but if the borrower is there and the use of the funds were there.. I think OKC is the venue.
I know why some folks will want the note to be under a certain states jurisdiction.. it forces who ever is defending to come to you and its more convenient so U dont have to go to him for trial or depo's or whatever.. but then you get a CA.. judgement that you have to then port over to where ever they have assets.
- Jay Hinrichs
- Podcast Guest on Show #222
