Yes, in general, if money is paid under a void contract it must be returned. For example, if a minor voids an optional contract for which money has been paid to a minor, the money must be returned to the minor. The minor may be required to return anything of value received under the voided contract.
Normally if there has been an overpayment relating to a loan or contract, the entire amount overpaid should be returned to the person. The lender has no rite to any money above that contracted.
I THINK SO. THE CONTRACT HASN'T BEEN COMPLETED UNTIL THE DOWN PAYMENT IS MADE. HE'LL PROBABLY VOID THE CONTRACT FOR FAILURE OF PAYMENT.
If money has changed hands, a contract has been created although not written. Small Claims courts generally require payment for a service that has been completed, even if the amount is greater than expected. Conversely, if a payment has been made for a service not completed, a refund of the payment is likely to be required. Services complete as to functionality will likely require payment even if ancilliary damage is done during the course of the service.
YES, making the down payment is part of the contract and you are in default on it.
Bit of a challenge here. A minor is not able to contract to buy a home, so how could there have been a down payment. If they are actually an adult, and made a down payment on a home, the parents are a natural heir. They can make a claim against the estate.
Yes. Once a contract has been defaulted on, the creditor has no legal obligation to accept any payment other than that which was agreed on in the original contract or subsequent agreement.
A land contract is a contract between seller and buyer of property. A contract is only made when an agreement between seller and buyer has been reached. The seller becomes the land owner only when the full payment has been made.
If your contract is a prepaid line, and it hasn't been used or recharged for a period of 90 days it will be terminated. If your payment is by bills, if you have not payed your bill within the determined period of time your contract will be terminated
The measure of damages in a claim for breach of contract is that sum that would place the Plaintiff (the aggrieved party) in the same position as he/she/it would have been had the contract been performed by the breaching party. This is most frequently meaured in terms of money, but under certain circumstances, the remedy for breach may be "specific performance"--in other words, getting the court to order the breaching party to actually do that which he/she/it promised to do.
It will depend on the topic of the contract and what parts have been executed. In many cases it is not going to be enforceable. But if they have delivered goods or services, they can get paid or the goods returned.
If you are not in breach of contract (ie haven't been late in the past), then the finance company has no right to demand early payment unless the contract states this as a provision. If you *are* in breach, or have been in the past, then the finance company has some leeway -- a bit of "you violated, so we violate right back."
Merchants can submit notification stating that at least one check presented to them as payment has been presented twice and returned unpaid both times, or that the check was returned as closed account.