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Originally Posted by Danny939
Sued Ibill for money owed, Ibill entered into a settlement agreement, Ibill paid 5 monthly installments, and now missed the last payment. Our lawyers have made a motion to get the money per the terms of the agreement.
So whoever Andrew at Ibill is, I can definitely say Ibill's not honoring the terms of the settlement agreement they entered into with us.
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They sent us a contract with repayment terms, we signed it and sent it back. Done deal. They missed the first two payment dates. Now my attorney gets to have fun with this.
We are not excepting anything short of full repayment at this point. In my contract it states the money is a loan, and I will be charging ibill an interest rate of 3% on the money, Like any other loan when someone misses a couple payments you can call the whole loan due at once.
Time to collect and get rid of this year and half headache.