Facing Contract Issues: How to Get Out of a Previous Agreement

It’s no secret that agreements are made just to be broken, but that also means facing contract issues. When you enter into a business contract, most likely you are entering into a partnership that all involved parties are enthusiastic about at the time. Perhaps you are working with a vendor, contractor, or have created a partnership with others upon opening a new business. You may have also entered into a smaller contract as a consumer, agreeing to pay a certain amount for an allotted time—perhaps to a cell phone company or even signing up for services with a company that allows you to stream data. You may be in a contract with an employer or an employee, or perhaps signed on the dotted line for a lease or a loan.

While asking nicely sometimes does the job and allows you to exit a contract even more gracefully than you expected, most likely you will need the help of an experienced business attorney like Shane Coons to break a more serious contract. With legal help, you may be able to send a letter explaining to the other party why you want to break the contract, along with detailing points that strengthen your case. You may have a completely valid point for backing out, and with the help of your attorney, you may get out of the contract with relative ease. You may find that in reading the contract closely you find terms for cancellation or termination, as well as other clauses or loopholes that lead the way out.

If the other party does not budge though and you are still determined to get out of the contract, you may have to force their hand by breaching the contract and then settling the issue, whether in arbitration, mediation, or the courtroom. Your case will be strengthened if you can prove that the contract is unfair or fraudulent, causing you to pursue the issue at such length. In the end, however, if other side does not budge and you don’t have a strong reason for exiting the contract, you may be able to settle for a sum that seems more attractive than living out the contract.

Do you have questions about a contract or current business dispute? If so, contact Attorney Shane Coons. Our law office represents clients involved in a wide range of businesses and legal issues, and we would be glad to review your case and help you explore your options.

Call now at 949-333-0900 or email us at Shane.Coons@seclawoffices.com.

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Facing Contract Issues: How to Get Out of a Previous Agreement

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