Person filing a lawsuit against me over debt? Some are from vancouver. None. The people that are planning to sue me sent

Expert's Assistant chat

Customer: Person filing a lawsuit against me over debt?
JA: What province is this in? It matters because laws vary by location.
Customer: some are from vancouver
JA: What steps have been taken so far?
Customer: none
JA: Anything else you want the Lawyer to know before I connect you?
Customer: yes, the people that are planning to sue me sent a document that they want me to sign and it has a dealine in it

Answered by James Macdonnell in 41 mins 2 years ago

James Macdonnell

10+ years of experience

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Expert in: Family Law, Legal, Estate Law, Real Estate Law, Criminal Law, Employment Law, Business Law, Consumer Protection Law, Bankruptcy Law, Traffic Law, Personal Injury Law.

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James Macdonnell

980 Satisfied customers

10+ years of experience

James Macdonnell

10+ years of experience

980 Satisfied customers

Lawyer's, Assistant

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James Macdonnell, Expert

I just viewed your post. Can provide more information regarding the demand letter sent to you. Los what is the nature of the debt that is alleged as outstanding and the subject of collection?

Customer

Thank you for your prompt response. Here is a copy of the demand letter that my partners sent to me. these are bitcoin investments. They sent me their investments in the form of bitcoin through my bitcoin wallet and send them to the broker who holds the funds and I was I told them that the funds will generate some certain profits.

James Macdonnell, Expert

Ok so what is the question you want answered?

James Macdonnell, Expert

it looks like they want a repayment plan. How long has the investment company had the funds? What did you advise the investors of about a rate of return?

Customer

they want a repayment plan and they want me to come up with that 17k to invest again to another platform so I can pay them of the money that we lost. The investment platform had the funds more than 3 months. From 10% 65% depends on their funds and that amount in the letter is the total.

Customer

My question now is, what would be my option once they filed that lawsuit against me?

James Macdonnell, Expert

Is it your fault that they lost money on the investment? Or was it beyond your control?

Customer

Is it your fault that they lost money on the investment? Or was it beyond your control? They were claiming that its my fault since I have the direct contact to the broker but all their funds including mine was received buy the broker and promised that it will be received after 10 weeks and thats the the message I relayed to the people who invested with me. We were all waiting for our payouts that never happened. The website never give us the information of the person that posed as a broker and have me trade.

James Macdonnell, Expert

What steps have you take. To contact the broker?

James Macdonnell, Expert

You and investors should team up to jointly sue the person you invested with.

Customer

What steps have you take. To contact the broker? The only communication i have with the broker is the chat with telegram and a few phone calls, after that He deleted his name so i wasnt able to contact him and he has a whatsapp number but no response at all, it seems like we got SCAMMED

Customer

You and investors should team up to jointly sue the person you invested with. Supposedly we should all sue the broker but they telling me that I have the one who took their money and sent to the investment broker and got SCAMMED

James Macdonnell, Expert

Brutal. Did the other investors sign any waivers? Did you lose money?

Customer

Like what kind of waivers? But There are no waivers Has been signed, yes I have lost big money with my investors.

Customer

My question now is, what would be my chance to win this case given the details I gave?

James Macdonnell, Expert

Well to give you that answer is something not possible on this forum. But you could defend against that law suit quite well

Customer

Thank you

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