Falls Church, VA asked in Contracts and Collections for Virginia

Q: I have an affidavit of trust signed with my employer for money that I gave him 100k cash how can I collect my money?

I have an affidavit of trust signed with my employer for money that I gave him 100k cash. The Affidavit of trust states that I can ask for the money back only after 6 years after his business stats which would be in 2011. I have done that several times but each time he comes up with the excuse that the business is not doing well etc... This time I am determined especially that I heard that he moved to Pennsylvania sold his house in the area and now he is not paying rent for the restaurant that I work at ( we received and eviction notice) Is he going to just declare bankruptcy what are the ways for me to get my money back? He sent me some options to use the money for ( id. have another restaurant with him etc..) How can I collect my money? Thanks

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1 Lawyer Answer

A: Whether you can enforce this agreement depends on a thorough review of the relevant timeline. You should take this to a local attorney for review.

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