Legal Question in Federal Tort Claims in Colorado
Lack of Merchant Acoount Forced Busines to Close
My husband and I had been in business for 23 years. Our business was adult talk lines. Our primary form of payment was VISA and MasterCard.
Our processor in December 2004 informed us that they had to switch our account. In April 2005 they stated they could not switch our account because we sold downloadable DVD�s. This was false. We enclosed a letter to that effect. The letter did no good and we were nformed that due to the nature of our business they could no longer process our charges.
They recommended we contact a third party to find a merchant account. We were refereed to ECS World UK. This arrangement did not work
Due to the loss of our merchant account we had to close our business. We were told that VISA, MC and JP Chase were banning legal adult merchant accounts.
Is there any legal action that can be taken? Since I have lost my business it would need to be on contigency only.
2 Answers from Attorneys
Re: Lack of Merchant Acoount Forced Busines to Close
I think you have clicked on the wrong category of legal expertise in submitting your question, because the facts that you pose do not appear to have anything to do with any activity of the federal government, let alone any negligent or wrongful action by the federal government.
You might try posting your question in a more relevant category, such as business law or banking law.
Re: Lack of Merchant Acoount Forced Busines to Close
please feel free to contact my office at the email address provided for further discussion on this case.