4 ms·

Never have done that, but some people think letting CCs expire on accounts to get out of contracts is the way to go. With this it seems this isn't a viable rou

Never have done that, but some people think letting CCs expire on accounts to get out of contracts is the way to go. With this it seems this isn't a viable route (anymore?).

chimeracoder 10y ago
> some people think letting CCs expire on accounts to get out of contracts is the way to go. That's a terrible strategy. It doesn't free you of any actual liabilities if you're under a contract. It's like saying that refusing to send a check to pay your electricity or post-paid phone bill is a way to "get out of a contract". The company will just send you to collections (most likely) or sue (if your debt is large enough).
- kahnpro 10y ago
  Because some companies make it very difficult to cancel out of a contract, like sitting for hours on the phone to speak to a retention specialist who accidentally hangs up the phone. A lot easier to just stop the payments and stop using the service. 99.99% of companies are not going to sue you over a few hundred dollars for a service you're not even using.
  - rlpb 10y ago
    > Because some companies make it very difficult to cancel out of a contract, like sitting for hours on the phone to speak to a retention specialist who accidentally hangs up the phone. Can you not just give them notice in writing, say by registered post? Or do these contract limit termination so that it must be done over the phone and the contract isn't terminated until the company says it is? And if so, is that even legal?
    - greenleafjacob 10y ago
      You are looking for anticipatory repudiation [1]. The Uniform Commercial Code in the U.S. regulates this and says the seller can collect damages as you'd expect. I think if a company tried to say "you can only cancel this contract if you personally serve it to our CEO who by the way is on vacation in the Caribbean so you'll have to fly down there" - that is, making it difficult to notify the seller of repudiation, then the court would probably find that unconscionable. I think as to what forms of notice are appropriate, it's probably instructive to look at related things like due process requirements for notice [2]. As I think about it, the mail system is probably the most standard system for entities (corporations, people, state governments, etc.) to notify each other about things, so just intuitively I would find it hard to believe that a company could get away with refusing a mailed repudiation of contract. I don't think for example you could send your repudiation through Twitter and expect it to be legally binding however. The important part is you put the other party on notice that you have repudiated the contract, and the due process example is interesting because satisfying due process doesn't require "actual notice" [3]. [1] https://en.wikipedia.org/wiki/Anticipatory_repudiation https://en.wikipedia.org/wiki/Anticipatory_repudiation [2] https://en.wikipedia.org/wiki/Jones_v._Flowers https://en.wikipedia.org/wiki/Jones_v._Flowers [3] https://en.wikipedia.org/wiki/Actual_notice https://en.wikipedia.org/wiki/Actual_notice
      - rlpb 10y ago
        > You are looking for anticipatory repudiation. I don't think so. I'm looking for straightforward contract termination, and the providing of notice for contract termination, where the contract already explicitly permits termination. I don't think failing to perform on a contract needs to come in to it. I assume that contracts for services such as electricity and cable already have such termination clauses, so it just a matter of how notice of termination is served.
ceejayoz 10y ago
That was never a viable route. The vendor can entirely legitimately send you to collections for that.

Never have done that, but some people think letting CCs expire on accounts to get out of contracts is the way to go. With this it seems this isn't a viable route (anymore?).

chimeracoder 10y ago

> some people think letting CCs expire on accounts to get out of contracts is the way to go. That's a terrible strategy. It doesn't free you of any actual liabilities if you're under a contract. It's like saying that refusing to send a check to pay your electricity or post-paid phone bill is a way to "get out of a contract". The company will just send you to collections (most likely) or sue (if your debt is large enough).

kahnpro 10y ago
Because some companies make it very difficult to cancel out of a contract, like sitting for hours on the phone to speak to a retention specialist who accidentally hangs up the phone. A lot easier to just stop the payments and stop using the service. 99.99% of companies are not going to sue you over a few hundred dollars for a service you're not even using.
- rlpb 10y ago
  > Because some companies make it very difficult to cancel out of a contract, like sitting for hours on the phone to speak to a retention specialist who accidentally hangs up the phone. Can you not just give them notice in writing, say by registered post? Or do these contract limit termination so that it must be done over the phone and the contract isn't terminated until the company says it is? And if so, is that even legal?
  - greenleafjacob 10y ago
    You are looking for anticipatory repudiation [1]. The Uniform Commercial Code in the U.S. regulates this and says the seller can collect damages as you'd expect. I think if a company tried to say "you can only cancel this contract if you personally serve it to our CEO who by the way is on vacation in the Caribbean so you'll have to fly down there" - that is, making it difficult to notify the seller of repudiation, then the court would probably find that unconscionable. I think as to what forms of notice are appropriate, it's probably instructive to look at related things like due process requirements for notice [2]. As I think about it, the mail system is probably the most standard system for entities (corporations, people, state governments, etc.) to notify each other about things, so just intuitively I would find it hard to believe that a company could get away with refusing a mailed repudiation of contract. I don't think for example you could send your repudiation through Twitter and expect it to be legally binding however. The important part is you put the other party on notice that you have repudiated the contract, and the due process example is interesting because satisfying due process doesn't require "actual notice" [3]. [1] https://en.wikipedia.org/wiki/Anticipatory_repudiation https://en.wikipedia.org/wiki/Anticipatory_repudiation [2] https://en.wikipedia.org/wiki/Jones_v._Flowers https://en.wikipedia.org/wiki/Jones_v._Flowers [3] https://en.wikipedia.org/wiki/Actual_notice https://en.wikipedia.org/wiki/Actual_notice
    - rlpb 10y ago
      > You are looking for anticipatory repudiation. I don't think so. I'm looking for straightforward contract termination, and the providing of notice for contract termination, where the contract already explicitly permits termination. I don't think failing to perform on a contract needs to come in to it. I assume that contracts for services such as electricity and cable already have such termination clauses, so it just a matter of how notice of termination is served.

ceejayoz 10y ago

That was never a viable route. The vendor can entirely legitimately send you to collections for that.