Legal Question in Business Law in New York
equipment installment contract
a payment was due december 5 on an equipment contract, according to the seller he can repossess said equipment today is that so.
2 Answers from Attorneys
Re: equipment installment contract
It all depends on what your installment contract says...without knowing more it is difficult to answer.
Good Luck
RRG
Re: equipment installment contract
It really depends upon whether you have an installment sales contract or an equipment finance lease and what the contract itself says regarding the rights of the parties. In general, New York's UCC law governing equipment FINANCE leases is very favorable to the lender. Without knowing more about your individual agreement, it is difficult to answer.
I'd be happy to discuss this matter with you further; please feel free to contact me at (212) 973-0839. Happy New Year!
Related Questions & Answers
-
Transfer of Ownership Hypothetically, a family-owned entertainment company, based in... Asked 12/31/01, 7:42 am in United States New York Business Law
-
A case against fedex Hello there, Our company had recently placed a online order... Asked 12/19/01, 7:54 pm in United States New York Business Law
-
Counterfeit 100 Accepted at Work - Who pays? Hi, I am a waiter in a downtown... Asked 12/16/01, 1:29 am in United States New York Business Law
-
Anti-trust Violation Ridell,a sports company, manufactures sporting equipment.... Asked 12/09/01, 10:30 pm in United States New York Business Law
-
Help: request for info: law on partnerships in us 1. I have read about the features... Asked 12/07/01, 7:53 am in United States New York Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
