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McLovin McLovin is offline
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Join Date: Jun 2009
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The lease is going to have an "integration clause" in it. That provision will say that the written agreement is the entire agreement between the parties, it supercedes any verbal representations, no verbal representations were made, you did not rely on any verbal representations, etc.

Standing alone, that is likely to kill you.

However, equipment leasing companies are notorious for their fraud, esp. when it comes to "end of term" issues. It's how they make their money.

I'd start investigating the company, start by simple googling, for complaints against them re this type of fraud (both informal complaints, and complaints filed in court). If you can get enough negative info on them, and raise enough of a stink, you might be able to work something out. I've seen leasing companies fight, and lose, big time.

Unlike most PPOT'er whose knee jerk reaction to just about everything is "hire a dozen lawyers," I dont' often say that, but any time a company enters into an equipment lease, it isn't a bad idea to pay a lawyer for a couple of hours of time to go through it and explain it. Equipment leases are pretty tricky, and they are highly designed to be misleading and make a fairly extreme rate of profit for the leasing company.
Old 06-13-2012, 02:05 PM
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