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peters_props [2019/05/19 17:04] – Carlos Pedrazapeters_props [2019/05/19 17:52] – [Legal Problem?] Carlos Pedraza
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 >  /* I never had any idea that Alec might not honor his commitment to re-paying the money loaned to him. As he and I discussed the possible loan, we both agreed that a conventional promissory note would do the trick - and essential components of any promissory note I've ever made include the borrower's entitlement to collect all attorney/legal fees and any other collection-related expenses in addition to the principle and interest due. I did ask the venue be set in Iowa and Alec agreed - and drafted the agreement accordingly. >  /* I never had any idea that Alec might not honor his commitment to re-paying the money loaned to him. As he and I discussed the possible loan, we both agreed that a conventional promissory note would do the trick - and essential components of any promissory note I've ever made include the borrower's entitlement to collect all attorney/legal fees and any other collection-related expenses in addition to the principle and interest due. I did ask the venue be set in Iowa and Alec agreed - and drafted the agreement accordingly.
-To be fair, Alec has NEVER said he didn't intend to repay the amount due. In fact, this past week he reiterated his intention to repay the amount due. It's just that I want the money now. I'm tired of waiting. My reasons for calling the debt now (more than two years since it was due in full) are my own and of no concern to anyone here - or to Alec, for that matter. */ The most recent developments — that Alec is claiming he doesn't actually own his prop collection, which he used to collateralize his note to me — is of some concern. Clearly, he's misunderstood the implications of this possible admission, and I fully believe he'll pay me what's due ASAP because any intent to intentionally mislead me by claiming the security offered through assets he actually didn't have (or assets he subsequently "off-loaded") for the money loaned to him would be, by any definition, fraud, and create not only financial peril for the lender (me) but also tremendous emotional distress since my understanding was that I was considered a trusted advisor and "consigliere" to Alec and Axanar Productions.(([[face>groups/axamonitor/permalink/634395343741983/?comment_id=634404533741064&reply_comment_id=634605497054301&comment_tracking=%7B%22tn%22%3A%22R%22%7D|Mike Bawden comment]] on AxaMonitor Facebook group discussion thread, 5/17/19.))+To be fair, Alec has NEVER said he didn't intend to repay the amount due. In fact, this past week he reiterated his intention to repay the amount due. It's just that I want the money now. I'm tired of waiting. My reasons for calling the debt now (more than two years since it was due in full) are my own and of no concern to anyone here - or to Alec, for that matter. */ The most recent developments — that Alec is claiming he doesn't actually own his prop collection, which he used to collateralize his note to me — is of some concern. Clearly, he's misunderstood the implications of this possible admission, and I fully believe he'll pay me what's due ASAP because any intent to intentionally mislead me by claiming the security offered through assets he actually didn't have (or assets he subsequently "off-loaded") for the money loaned to him would be, by any definition, fraud, and create not only financial peril for the lender (me) but also tremendous emotional distress since my understanding was that I was considered a trusted advisor and "consigliere" to Alec and Axanar Productions.(([[face>groups/axamonitor/permalink/634395343741983/?comment_id=634404533741064&reply_comment_id=634605497054301&comment_tracking=%7B%22tn%22%3A%22R%22%7D|Mike Bawden comment]] on AxaMonitor Facebook group discussion thread, 5/17/19.)) {{:axamonitor-ico.gif?nolink|}} 
 /* Furthermore, I don't put any credence into the claims (which may, in fact, be documented in writing made by others with direct knowledge), that Alec's refusal to pay me is based on his belief that I'd just give that money to Robert Meyer Burnett to continue the legal fight against Alec's ill-advised legal entanglement with Rob.  /* Furthermore, I don't put any credence into the claims (which may, in fact, be documented in writing made by others with direct knowledge), that Alec's refusal to pay me is based on his belief that I'd just give that money to Robert Meyer Burnett to continue the legal fight against Alec's ill-advised legal entanglement with Rob. 
 I mean, who would take such an impetuous action? That's beyond ridiculous.  I mean, who would take such an impetuous action? That's beyond ridiculous. 
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 Thanks for the opportunity to clarify this matter. I hope it resolves itself in the very near future. */ Thanks for the opportunity to clarify this matter. I hope it resolves itself in the very near future. */
  
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 +**Keywords**{{tag>Peters_v._Burnett Bawden_v._Peters lawsuit Robert_Meyer_Burnett Mike_Bawden}}