What is the Statute of Frauds?

Are you on the verge of closing a deal?

Is your contract written or oral?

An oral contract - sometimes called a verbal contract - is one that isn’t in writing. It’s a handshake deal. Many business contracts are verbal.

The State of Michigan has a law, called the statute of frauds, that requires certain contracts to be in writing and signed by the party against whom enforcement is sought.  Typically, this would include the following types of contracts:

Sale of Real estate;

Sales of goods of more than $1,000;

Suretyship and guaranties.

See what other contracts must be in writing.

Debt Collection Services in Michigan Since 1961!

Since 1961, our top-rated lawyers have been dedicated to professionally and aggressively pursuing the money you’re owed in a straightforward, ethical manner. With offices in Birmingham and Grand Rapids, we handle claims against debtors located in Michigan, even if you are located out of state or out of the country.

If you want to use debt collection services in Michigan, your first step is easy. Fill out the information form on our “Contact Us” page, or give us a call at 248-645-2440, to ask questions and figure out your next steps. Don’t let the money owed to you go away- get started today! We look forward to hearing from you.