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The Basement
Terminating contracts and retrieving equipment
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<blockquote data-quote="John Roberts" data-source="post: 203162" data-attributes="member: 126"><p>If the guy is going out of business you are just enabling him. Pull the gear and get help as he will be expecting you. </p><p></p><p>The partial payment looks like he is trying to maintain the contract, but does not have the money. Unless he describes how he will have more money to pay you soon, it's over. He is probably stringing along other vendors too... worst case the place gets padlocked and your gear is impounded as bar assets. </p><p></p><p>Good luck and be careful. </p><p></p><p>JR </p><p></p><p>PS: This is why written contracts up front describing how such scenarios will be handled avoids trouble.</p></blockquote><p></p>
[QUOTE="John Roberts, post: 203162, member: 126"] If the guy is going out of business you are just enabling him. Pull the gear and get help as he will be expecting you. The partial payment looks like he is trying to maintain the contract, but does not have the money. Unless he describes how he will have more money to pay you soon, it's over. He is probably stringing along other vendors too... worst case the place gets padlocked and your gear is impounded as bar assets. Good luck and be careful. JR PS: This is why written contracts up front describing how such scenarios will be handled avoids trouble. [/QUOTE]
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