Indemnification
We have just received a nasty ”pay up in 7 days or else” from Ruden McClosky Law in Ft. Lauderdale. My husband was a partner in a business. He resigned 6.5 years ago. He quit claimed his share of the property owned by the company and was also indemnified by his other two partners from two SBA loans. We have never received one single word from either the partners or the SBA that these loans were in trouble, nor did we expect to because our signatures are supposed to be off the notes. I returned the attorneys call yesterday upon receiving his letter and also followed up with email. No response. I called again today and he was unavailable. I spoke with a secretary-got nowhere. I emailed again, this time in more detail and asked that he please contact us as this is worrisome. Apparently the SBA loans must have been sold to a company called Atlantic National Trust. They are asking for immediate payment of 31,605.78 and 25,626.66 respectively. Why are they asking us for the money (besides the fact that they are flogging a dead horse-we do not have any money). We do not owe anyone any money. Please advise on what we should do next. Thank you very much.