Full question:
What steps do I need to take to rescind a contract with a company I suspect is committing fraud?
- Category: Contracts
- Subcategory: Recission
- Date:
- State: National
Answer:
If you suspect fraud, there are several steps you can take to rescind a contract:
File a complaint with your state attorney general's office or consumer affairs office.
Ask a court to rescind the contract based on fraud.
Negotiate directly with the other party involved.
Consider these alternative measures before litigation:
Check if the company is part of a trade organization and file a complaint with them.
If you paid by credit card, dispute the charge with your credit card company. They may provide an immediate credit and investigate the claim.
Contact the Better Business Bureau or the Federal Trade Commission.
Reach out to your local consumer affairs department. A phone call followed by a letter can prompt action.
Most businesses prefer to resolve issues rather than lose customers. Before taking action, inform the merchant of your intentions. Sometimes, just the threat of action can lead to a resolution. If you decide to send a complaint letter, consider sending a copy to the merchant first, stating that you will proceed with the complaint in five business days if the issue is not resolved.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.