Legal Question in Business Law in Pennsylvania

I entered into a lease years ago with a company to lease credit card equipment to process credit cards transactions at my small business. This contract was cancelled in 2007. On Feb 2, 2011 this company charged my bank account $50. Not knowing what this charge was on my account, I called the bank and got the chargers info. I called this company and they told me that it was for a tax that they forgot to charge me years ago!! No written or verbal authorization to charge this to my bank account. Is this legal and what can I do about it??? Again this contract was cancelled 4 years ago. Unbelievable!!!!


Asked on 3/07/11, 7:38 pm

1 Answer from Attorneys
Kevin B. Murphy Franchise Foundations, APC

As a Franchise Attorney I can say this. Usually there is a 4-year statute of limitations on contracts. If they're beyond this statute, what they have done is improper. Review your contract carefully and consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation

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Answered on 3/08/11, 7:52 am


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