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There are several means to do this:

1. If you are approaching bankruptcy or financial turmoil, most will prefer to get a one-time payment than to hold the worthless papers of a contract with a bankrupt individual or business.

2. Tell them you want out, and see if you can make a deal in exchange for the opportunity to end the contract. This could include finding another who is willing to take on the contractual obligations (i.e. passing on a health club membership to a friend). Try Craigslist to find someone with such a need, and sweeten the deal with a little cash. Or, offer them some services/products that you can provide in exchange for cancellation.

3. If you are wanting to break because of their poor performance, broken promises, etc, don't be afraid of trying to work a deal with them to hush you up in online forums (review sites) and to not take matters to court. They have a reputation that they want to maintain. And, everyone wants to avoid court and the related costs.

Think strategically. It is hard to crack a coconut open, unless you find those softer spots were they were once attached to the tree.

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Q: How do you break an irrevocable contract?
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