Comments on: Business Contract Disputes…? http://smallbusinessmerchantaccounts.org/business-contract-disputes.htm Mon, 13 Feb 2012 22:41:30 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: JFAD http://smallbusinessmerchantaccounts.org/business-contract-disputes.htm/comment-page-1#comment-1415 JFAD Thu, 22 Oct 2009 09:04:57 +0000 http://smallbusinessmerchantaccounts.org/business-contract-disputes.htm#comment-1415 You clearly have a dispute but the proper avenue to resolve the dispute lies within the Agreement which you agreed to when you signed up for their service. Did you read the FINE PRINT-most likely where the hidden fees and costs are explained, otherwise, they would not be charging these fees without legal recourse against them. There may be an "Arbitration" clause which requires any dispute be resolved through arbitration. You'll need to carefully review the terms of the service agreement to which you entered with the company, then make a determination as to whether you must resolve your complaint through arbitration, the legal process to which you may/may not have agreed to. Otherwise, you may file a complaint in court (jurisdiction is another issue - i.e. the proper place/court in which to file the complaint). Consult an Attorney who specializes in Contracts and Business Law. In the meantime, yes, I would close the account from which they are charging these fees and costs. At the very worst, you may end up having to pay these amounts in the future if in fact your agreed to certain terms in the service agreement. Close the account and request a written copy of the full service agreement. From there you can determine your legal remedies and course of legal action. You clearly have a dispute but the proper avenue to resolve the dispute lies within the Agreement which you agreed to when you signed up for their service. Did you read the FINE PRINT-most likely where the hidden fees and costs are explained, otherwise, they would not be charging these fees without legal recourse against them. There may be an "Arbitration" clause which requires any dispute be resolved through arbitration. You’ll need to carefully review the terms of the service agreement to which you entered with the company, then make a determination as to whether you must resolve your complaint through arbitration, the legal process to which you may/may not have agreed to. Otherwise, you may file a complaint in court (jurisdiction is another issue - i.e. the proper place/court in which to file the complaint). Consult an Attorney who specializes in Contracts and Business Law.

In the meantime, yes, I would close the account from which they are charging these fees and costs. At the very worst, you may end up having to pay these amounts in the future if in fact your agreed to certain terms in the service agreement.

Close the account and request a written copy of the full service agreement. From there you can determine your legal remedies and course of legal action.

]]>