Richard
Redford,#2Consumer Suggestion
Tue, August 31, 2004
My company is also a victim of the Norvergence scam I believe that the leasing companies involved in this deal, including Popular Leasing, who has my contract, are potentially guilty of collusion because they bought the lease contracts for tens of thousands of dollars when the collateral, the matrix boxes, are only worth a few hundred. They had to know that there was a service component to the lease price, despite the fact that the lease says it is an equipment lease only. It seems to me that we need to band together to give us the muscle to defend against the corporate legal departments that the lease companies can throw at us. If we don't, they will pick off the smallest of us one at a time and build a history of legal victories to use when they are ready to go against the largest of their victims. I also believe that it is important to separate an action seeking money from Norvergence, which is probably a waste of time, from an action to defeat the lease against Popular and the other lease compnaies. At this stage of the debacle, it would seem to me that everyone should be happy to get out of the leases for a realatively small contribution to the legal fees. If anyone involved with Popular would like to discuss banding together further I am interested in talking to you.
Richard
Redford,#3Consumer Suggestion
Tue, August 31, 2004
My company is also a victim of the Norvergence scam I believe that the leasing companies involved in this deal, including Popular Leasing, who has my contract, are potentially guilty of collusion because they bought the lease contracts for tens of thousands of dollars when the collateral, the matrix boxes, are only worth a few hundred. They had to know that there was a service component to the lease price, despite the fact that the lease says it is an equipment lease only. It seems to me that we need to band together to give us the muscle to defend against the corporate legal departments that the lease companies can throw at us. If we don't, they will pick off the smallest of us one at a time and build a history of legal victories to use when they are ready to go against the largest of their victims. I also believe that it is important to separate an action seeking money from Norvergence, which is probably a waste of time, from an action to defeat the lease against Popular and the other lease compnaies. At this stage of the debacle, it would seem to me that everyone should be happy to get out of the leases for a realatively small contribution to the legal fees. If anyone involved with Popular would like to discuss banding together further I am interested in talking to you.
Richard
Redford,#4Consumer Suggestion
Tue, August 31, 2004
My company is also a victim of the Norvergence scam I believe that the leasing companies involved in this deal, including Popular Leasing, who has my contract, are potentially guilty of collusion because they bought the lease contracts for tens of thousands of dollars when the collateral, the matrix boxes, are only worth a few hundred. They had to know that there was a service component to the lease price, despite the fact that the lease says it is an equipment lease only. It seems to me that we need to band together to give us the muscle to defend against the corporate legal departments that the lease companies can throw at us. If we don't, they will pick off the smallest of us one at a time and build a history of legal victories to use when they are ready to go against the largest of their victims. I also believe that it is important to separate an action seeking money from Norvergence, which is probably a waste of time, from an action to defeat the lease against Popular and the other lease compnaies. At this stage of the debacle, it would seem to me that everyone should be happy to get out of the leases for a realatively small contribution to the legal fees. If anyone involved with Popular would like to discuss banding together further I am interested in talking to you.