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Lease contract
Discussion in 'Lease Purchase Trucking Forum' started by Melissachree, Feb 6, 2017.
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No names left Thanks this.
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You have a signed contract that covers X term. They are now trying to get you to sign a different one BECAUSE they discovered a mistake in yours somewhere.
Obviously consult a lawyer BUT I was faced with the same challenge on a LP deal once. I said 4Q buddy, my contract is valid to term. They said fine and walked away....for the moment.
They then began to starve me out ....and won. I released truck back to them with documented notice so....basically, I quit.. Had no choice as they had all the cards.Melissachree and No names left Thank this. -
If all they do is change the name you are referred to/as then they will most likely have a case. Just ask for a copy of the new lease for review. They probably won't give you one though. When you go in to sign or not sign the new lease take a copy of your current lease and go over both word for word. First you will probably find that the old lease has verbiage saying that SWIFT can make changes as they see fit. But if they introduce monetary changes or penilties you might have a leg to stand on. -
Your lease agreement for your truck will still be good, but you'll need to find a way to make the payments to keep and hopefully it'll let you take the truck to another carrier.
Good luck! -
Get a lawyer.
Seem like their trying to cover their ### for some reason.Melissachree Thanks this. -
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Talk to a lawyer. I bet there's more to this. This contract is standing and I'll speculate the wording is giving you more rights than they feel comfortable with. DON'T SIGN JACK without a lawyer.
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Cat sdp Thanks this.
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