Resolving Payment Disputes in Central Florida
When businesses have payment disputes, it can be hard to know how to resolve the issue. Sometimes businesses receive worthless checks; other times, they receive "final payments" that are not for the correct amount.
As a business, it is important to understand your legal rights and obligations in payment dispute matters. Failing to do so can jeopardize your right to the money owed to you. At Higley & Szabo, P.A., we have over 45 years of experience working with clients throughout Central Florida and the greater Orlando area in payment dispute matters.
Bad Checks and Promissory Notes
Many clients have questions about what to do when they receive checks with information on them. In some instances, a check may say it is the full and final payment, but the amount is not sufficient. By depositing the check, you accept the terms on it, and you may have problems with collections.
By way of example only, an unpaid contractor may record a lien against an owner's real property. The owner may want the lien removed so they can clear the title to the real property; however, they may be unable to pay off the entire amount of the lien. In an effort to remove the lien from the real property, the owner may negotiate with the lienor to have the lien removed in exchange for signing a promissory note and paying off the lien over a period of time.
Accord and Satisfaction
When there is an existing dispute as to the proper amount due from one party to another, the parties may effect settlement by entering into a superseding agreement. If the parties perform under the terms of the new agreement, such performance may discharge the prior disputed obligation.
Whether you were written a bad check, someone failed to pay a promissory note or you are unsure what to do with an incomplete payment, it is important to get help from an experienced lawyer.
Contact our attorneys online to legally resolve your payment disputes.