Reply to "Leasing Company Copiers are Underwater"

CashGapDocusultant P4P'er VIP

quote:
Originally posted by JasonR:
quote:
Originally posted by Art Post:
Do you think the letter to Great America would help?

There's always a chance he'd be willing to make a horrible business decision for some PR reason.

Marketing aside... no chance.

Agreed.

The client (is it a municipality?) either took a risk knowingly "Eh, flood insurance, who needs it" or unknowingly (incompetence). They now have a loss.

But, this is the trend... I made a bad decision, is there someone with the last name ", Inc." who can be coerced or compelled to pay the bill?

quote:
Originally posted by fisher:
The leasing company is now after them for the stream of payments plus the residual value of the equipment. Think about this.....the leasing company funded $8,000 for the deal and a month later when the equipment was destroyed they want $12,500 from the customer. contracted obligations to which the customer agreed.

Fixed that for you...

11/28/1212:57 PM

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