Today life is much different than when this nation was born. Back then if you lived as a deadbeat you could expect to end up in jail, a pillory or tar and feathered. Nowadays you can expect to rob as many companies as you wish and get away with most of it. Lamentably the handshake or one’s word has ceased to mean what it used to. On top of all this laws protect the dishonest, there are laws on the books that certain agreements when signed without the review of counsel (your lawyer) may be rescinded.

When integrity fails societies they vanish. It is interesting to note that in the Islamic and Persian lands integrity is a word in the dictionary. It has zero meaning in some societies to speak with integrity while avoiding duplicitous talk. Today many come from other lands with laws that are a sham and police that act only when bribed and stop acting when paid more by the perpetrator. Once in the United States many learn quickly how easy it is to ‘game’ the system. Each state has its own set of laws and most are heavily slanted against the business person or the creditor, in favor of leniency for the debtor or defendant.

Today your best bet is to have a professional in the legal, accounting or maybe best: a professional bill collector who sees all sorts of agreements after they fail to protect the creditor. Sit down and do some research to see what others are doing and remember this… the moment someone wants to stick their hands in your pocket for credit they will sign away their first born son, try getting them on the phone after things go sour. Good luck!