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  1. #1
    Join Date
    Jul 2010
    Posts
    2

    Default How to Collect on a Promissory Note

    My question involves court procedures for the state of Virginia.

    I need to file suit "in pro per" for non-payment on a promissory note. I have tried (2 years, 30+attys) to get an attorney, but I have no money for a retainer. I can't seem to find an example of paperwork and procedures needed to file suit in Virginia. I thought the law was supposed to be accessible to everyone regardless of income or representation, but I can't get any help.
    I've tried Legal Aid - they held me up for more than a year and then told me they couldn't help. I've tried law schools, they just refer me back to Legal Aid.
    The court clerks can only help in small claims, not in my case which is a principal amount of $42,000 plus penalties.
    Thanks

  2. #2
    Join Date
    Sep 2005
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    Behind a Desk
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    98,846

    Default Re: Filing Suit in Virginia on a Promissory Note

    If lawyers will only work on an hourly basis, not on a contingency, it's reasonable to infer that they don't expect that they'll be able to collect any judgment they obtain.

    Consider contracting with a collection agency. Although their fees are typically 1/3 to 1/2 of the money they collect, if your documentation of the debt is sufficient, it shouldn't otherwise cost you anything to use their services.

  3. #3
    Join Date
    Jul 2010
    Posts
    2

    Default Re: How to Collect on a Promissory Note

    Thank you. That is probably the way to go. Especially since all fees/charges incurred to collect on this note are payable by the borrower (as stated in the note).

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