Originally Posted by epitome

So did "new" iBill just publicly state that they're taking responsibility for the debts of "old" iBill?

If so, and they don't pay up, you should have all of the proof you need to sue them for what is rightfully yours.

A judge or jury will hopefully overlook the lack of a promissory note and give credence to iBill saying that they will pay anyone that can prove is owed money. In other words, to my untrained legal eye, new iBill has agreed to pay the debts of old iBill.

I'd think that all you have to do is take your case to court if you don't have a promissory note.

Did iBill take a page out of the Dirty D Book of Crisis Management and speak up before consulting a lawyer? If either did consult lawyers, they may want to consult more expensive ones.