Convertible Note Issue | convertible note maturity extension

I publish illustrative scenarios prepared by my practice. The participants and conversations are fictional. These are not posts by real users, accounts of client experiences or reports of actual results.

Started by totally_not_spam_33 · Apr 29, 2024 · 294 views · 1 reply

For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.

totally_not_spam_33 OP May 4, 2024

I'm in a difficult situation and trying to figure out my next steps....

convertible note maturity extension. I've been dealing with this for about 10 weeks now and the situation isn't improving.

I have already done some research online but the other party is not cooperating.

What's the typical outcome in situations like this?

Justin_W_14 May 5, 2024

I went through almost the exact same thing.

What worked for me was filing with the appropriate government agency. It took 4-8 months but was worth it.

RealtorJim_15 Business Owner Feb 3

Important to note: statutes of limitations vary by state. In California it's generally 4 years for written contracts and 2 years for oral contracts. Don't wait too long to take action or you might be time-barred.

Convertible Note Issue | convertible note maturity extension

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