Members-only forum — Email to join

Convertible Note Issue — convertible note maturity extension

Started by help_me_freelancer_2023 · Jun 30, 2025 · 1,179 views · 12 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
HM
help_me_freelancer_2023 OP

I've been trying to resolve this on my own but I'm stuck.

convertible note maturity extension. I've been dealing with this for about 11 weeks now and the situation isn't improving.

I have already tried to resolve this directly but did not get a clear answer.

Do I have a strong case? What should my next steps be?

AR
anon_renter_OH

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

TL
Mod_TermsLaw Moderator

I specialize in this area of law. Here's my take on the legal issues.

There are several legal theories that could apply here. The strongest is probably the relevant statute, which requires showing actionable.

One important thing — there are strict deadlines for filing these claims. Don't wait too long.

LT
LandlordTom_TX

Not a lawyer, but I have direct experience with this.

What worked for me was escalating to a supervisor/manager. It took 1-3 months but was worth it.

CP
confused_parent_GA

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

GL
GigWorker_LA

Been there. Here's what I learned.

The biggest mistake people make in this situation is filing with the appropriate government agency. I'd recommend gathering evidence first instead.

PN
Photographer_NYC

I've dealt with this before.

What worked for me was escalating to a supervisor/manager. It took 1-3 months but was worth it.

TB
throwaway_business_owner_2022

NAL, but from what I've read, you should send a written demand. That said, definitely get a lawyer to look at the specifics.

RL
RetiredLawyer_FL

I've dealt with this before.

What worked for me was escalating to a supervisor/manager. It took 1-3 months but was worth it.

NH
need_help_buyer_CA

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

MA
MusicProducer_ATL

Not a lawyer, but I have direct experience with this.

What worked for me was hiring an attorney to send the initial letter. It took 2-4 months but was worth it.

SA
seeking_advice_business_owner_OH

NAL, but from what I've read, you should document everything. That said, definitely get a lawyer to look at the specifics.

NH
need_help_seller_FL

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

Want to participate in this discussion?

Email owner@terms.law to request access