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Ask Jo C. Your Own Question
Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 31300
Experience:  Over 5 years in practice
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how do i get out of a contract

Customer Question

how do i get out of a contract
Submitted: 3 years ago.
Category: Law
Expert:  Jo C. replied 3 years ago.
Hi.

Thank you for your question. My name is Jo and I will try to help with this.

-Could you explain your situation a little more?

Customer: replied 3 years ago.

signed 6 year contract with a cash advance to purchase goods for resale based on sales of £30k per week actual salrs sales £24k per week business is losing money and the company will offer me a sale price of £210k less than i bought for

Expert:  Ash replied 3 years ago.
Hello my name is Alex and I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply, but rest assured I will be giving your question my immediate attention upon return You do not need to wait here as you will get an email when I reply.

Does it have a termination clause please?

Customer: replied 3 years ago.

yes all advances to be repaid in full if terminated early however all this is based a failure to disclose full facts at signing

Expert:  Ash replied 3 years ago.
What fact was not disclosed please?