Organizations and individuals enter into contracts every day. Some are as simple as the exchange of money for goods or services. Others are more complicated. They may last indefinitely or for a specified time period. A contract may require that one of the parties engages in a particular behavior or refrains from that behavior. When one of the parties fails to live up to this responsibility, then the services of a Breach of Contract Lawyer may be required.
What Is Breach of Contract?
The terms of a contract can be quite complex. They are drafted carefully and usually by attorneys. Each party to a contract is represented by legal counsel so that they ensure the contract is legal, binding and understood by all parties.
Despite the level of care given to the drafting of contracts, things can still go wrong. Through an honest mistake or an intentional act one party may breach the terms of a contract. Perhaps they fail to provide timely delivery of goods or the other party doesn't make a payment within the prescribed time period. Regardless, the terms of the contract are not being upheld. This means that the party that did not breach the contract may seek legal remedies for their loss.
Many contracts contain means for curing a breach of the terms. This may include stipulations about which jurisdiction will be used for settling disputes in court, providing notice of the breach to the other side and the requirement for trying alternative dispute resolution before filing a lawsuit. Other contracts do not define such terms. Nonetheless, the wronged party is still entitled to seek legal redress with the assistance of a Breach of Contract Law Firm.
Who May Need Help With a Breach of Contract?
- Individual Consumers
- Business Owners
- Small Business Entrepreneurs
- and others