Legal Question in Business Law in California
I have been late on some payments for a print lamination machine.
i spoke to the accounting dept and agreed to make small payments to get back on track.
today as they came to service the machine they lie about servicing my equipment and actually repossessed it and said we are taking it in for further assessment.
i called and asked what was going on and a rep said that you owe us money for the machine and we are not giving it back.
1 Answer from Attorneys
I would need to review your agreements with the seller/lender before I could say what rights you may have. Did the two of you agree (preferably in writing) that they would not repossess your machine if you made the agreed payments? Does your original agreement allow them to repossess it? Does it describe the circumstances under which they may do so?
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