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Message |
Urgrace
Member
08-19-2000
| Monday, April 11, 2005 - 8:46 am
Help! Hope this is the best place to discuss this. Some of you know that I am trying to start a coffee house. Recently I signed a contract with an equipment company to lease to own an ice cream dipping cabinet and a deli case. It is my understanding that as a consumer I have three days to change my mind without penalty. The company called me ten days later out of the blue and tell me they can't lease the equipment to me since I am a new company, so bring them a check for the full amount! They say it's not my credit rating, just the new business angle. Can they do this?
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Resortgirl
Member
09-23-2000
| Monday, April 11, 2005 - 9:14 am
Grace, I would think if they changed the terms of the agreement you signed, that you can opt out of it completely. I'm not a lawyer though... Best wishes on your new adventure! It'll be wonderful!
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Ladytex
Member
09-27-2001
| Monday, April 11, 2005 - 10:37 am
Hey Gracie, I'd have your lawyer read the contract you signed.
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Jagger
Member
08-07-2002
| Wednesday, April 13, 2005 - 11:50 am
Grace I would take the advise given above and have an attorney look at the lease. Generally once you sign a lease your are both bound by it, but there may be some legal wording in it that allows them to back out, or there may be some state law that allows them to back out.
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