If such is the case, they can change what they want, whenever and however they want, per the red line.
- - - - - -
Factoring company holding me hostage
Discussion in 'Report A BAD Trucking Company Here' started by crayo360, Nov 15, 2022.
Page 2 of 4
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
If you're out on your own, keep a corporate litigator on retainer (like $3-5k, and they bill against it if you need something). That way if something goes sideways, you have somebody you can call that is already under contract and will jump on it. -
That’s solid advice thank you
-
-
-
JolliRoger, Coffey and REO6205 Thank this.
-
I prefer you consult a lawyer to handle your situation legally.
-
2 months later and still no money. Ecapital finally responded and said they are entitled to keep my money since my authority is inactive. I told them I needed to use my money to secure insurance so I can reactivate my authority. They suggested I take out a loan and even then I’ll still have to factor with them or pay a $10,000 cancellation penalty.
-
-
Hard to imagine what contract terms you signed that would allow them to keep your pay.
To me it shouldn't matter if your authority is active or not., to receive payment from the factor company.
You need to hire a lawyer to review the contract and (if it's possible) send a letter requesting your money.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 2 of 4