Enforcing and Defending Against Promissory Notes

Promissory notes are a common part of a wide variety of commercial and personal transactions. Whether the parties signing the agreement are involved in as business owners, vendors, financial institutions, or family members, once the contract has been signed, all of its terms may be legally enforced.. usually.

Not all attorneys understand promissory notes are not like other contracts. Enforcing them is at once easier and more difficult. Our attorneys have exploited the law's unique defenses against promissory notes, and can help note holders successfully defeat them.

At Thomas Vogele & Associates, we know that your business relies on prompt payment of loans to fund operating costs or expansion efforts. This is why your borrower's failure to pay a promissory note can threaten your entity's viability. If the loan is non collateralized, seizing assets may not be your first form of recourse. If the loan agreement has been structured to allow for installment or balloon payments, a missed payment can affect your ability to pay off your own debts. There are many factors that can prevent you from receiving the money you are owed.

When business owners and individuals in Orange County, Monterey, and beyond need assistance concerning a promissory note or a breach of contract, they contact the TVA legal team. Our firm offers extensive business litigation services for entities of various sizes that operate in a range of industries. All of our trial attorneys has years of experience handling contract litigation disputes. Guided by our substantial business and legal experience, we have obtained favorable outcomes on behalf of our clients throughout California.

Designing Efficient Strategies to Secure Timely Payment

Recovering a debt can be an expensive and prolonged endeavor. Our attorneys develop economical strategies that minimize your legal fees while helping you receive what you are owed.

Our clients have benefited from our cost-effective solutions that include:

  • Obtaining a judgment
  • Seizing property
  • Developing a new payment plan
  • Garnishing wages

Don't allow a loan default to affect your bottom line. Contact our knowledgeable business lawyers to learn about your debt collection options.

Your Legal Ally in Promissory Note Defaults

For your convenience, you can schedule a consultation by emailing our intake form or calling our office in Costa Mesa at 714-426-9703 or Salinas at 714-426-9703.