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10-08-2013, 03:01 PM #1
I don't think a judge would rule the merchant breached their contract and now owes the funder more money as a penalty. I think a judge would have a hard time working through the language of these contracts since most judges are not familiar with this type of financing. Like other people have said before......the more funders want to shine a light on this industry through the court systems might come back to bit them in other ways.