Given the current economic climate it is no surprise that finance companies and the like are attempting to clawback money allegedly owed.
Indeed, Lawgistics have recently seen an influx of cases relating to finance companies attempting to clawback monies owed under finance agreements and transactions, some backdating years.
It is not uncommon for finance agreements to include a clawback clause, stipulating that money paid over must be returned in special circumstances or events and within a specified time limit. The contract will need to be closely scrutinised to determine whether there is legal ground to recover any amount claimed.
If you are a Lawgistics member and have any questions please contact us to talk through the process and if you are not yet a member, if you sign up to get support on this process you will also get access to all year round phone and telephone casework on consumer, employment and any other motor trade related legal issues.
Impression works with businesses across the automotive aftermarket supply chain such as parts suppliers, warehouse distributors, motor factors and independent garages. Covering all aspects of automotive aftermarket marketing, including social media, event management, customer newsletters and PR, Impression is able to quickly establish itself within a client’s business and work towards their objectives.
