My Business Partner Owes Me Thousands And Isn’t Answering My Calls

The Ramsey Show Highlights

Ramsey Network

Education, Investing, Business, Self-improvement

4.5 • 838 Ratings

🗓️ 20 November 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today. So I'm currently a small
0:07.9	business owner and I'm looking for your advice on what to do legally, morally, and ethically. So I started
0:14.5	a business two years ago with a good friend of mine, well, just knew him professionally. Okay.
0:25.6	And after one year, he called me out of the blue and told me that he has cancer.
0:26.2	Oh.
0:27.5	And I felt really bad. And we decided to, you know, kind of close up, you know, our business.
0:30.8	At that time, we had about $16,000 of outstanding balance that we owed in various debts.
0:37.9	At that point, I just messaged him once to see, you know, if he's okay with covering his share.
0:42.9	He didn't respond.
0:44.3	So I didn't want to press him because, you know, you know, he has cancer.
0:47.5	So I just paid the $16,000 from my own pocket and we closed the business.
0:52.2	Okay.
0:52.4	It's been about two years now.
0:54.4	I've been trying to just calling him,
0:56.0	just not even mentioning money.
0:57.1	He's like, hey, are you okay?
0:58.1	How's it like, is everything okay?
0:59.7	He hasn't answered me.
1:01.2	It doesn't reply.
1:02.4	I was wondering what you guys would do like, you know, legally, morally and ethically.
1:06.4	Should I just let it go?
1:07.8	Should I try to pursue it?
	...

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