Muller Law Firm Helps Clients Navigate the Statute of Frauds

BIRMINGHAM, Mich. - Feb. 4, 2022 - PRLog -- Muller, Muller, Richmond & Harms, P.C. can help you use the correct contract to help mitigate credit risks.

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.

Michigan has a law, called a statute of frauds, that requires certain contracts to be in writing and signed by the party against whom enforcement is sought.

Sales of real estate, or any interest in land, must be in writing. Suretyships and guaranties, contracts that can't be performed in one year or less, and prenuptial agreements also must be recorded in writing. If any of these contracts have been made verbally instead of in writing, the contract may be void under the statute of frauds.

If you're looking for debt collection services in Michigan (https://www.mullerfirm.com/learnmore/written-vs-verbal-contracts-collection-services-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!

About Muller Firm: Located in Birmingham, Michigan, Muller Firm P.C. is a family practice handling debt collection in Michigan for in-state, out of state, and international judgments against debtors. Their debt collection experts fight for creditor's rights. Call today for help with your collections! www.mullerfirm.com