bobbysamd
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Accord and satisfaction
[font=arial, helvetica, swiss]accord and satisfaction
n. an agreement to accept less than is legally due in order to wrap up the matter. Once the accord and satisfaction is made and the amount paid (even though it is less than owed) the debt is wiped out since the new agreement (accord) and payment (the satisfaction) replaces the original obligation. It is often used by creditors as "a bird in the hand is worth two in the bush" practicality.
See also: novation
[/font]Most anything can be negotiated. Yes, you may need an attorney's help, but better to pay the attorney and be known as an honorable person and not risk burning bridges and being known as a welcher.
Hope that helps a little more.
It doesn't have to be as black-and-white as you make it out to be. Perhaps you can work out a deal with the employer so that he/she is happy and you can leave for FedEx. This is known in the law as an accord and satisfaction:Sol Rosenberg said:Lets say you just got a job at one of these rinky-dink companies that require you to sign a training contract. It's not your fault that they require you to sign that redicilous contract; heck, you just wanted a job, right?
Now lets say, right after signing that contract, you happen to get hired by FedEx. You're telling me that either you will pay the $15000-$20000 to settle the contract, or turn down FedEx so you can work the remaining years in your contract?
* * * *
I'm personally not going to miss out on a chance of a lifetime to fly for a major airline (FedEx for example) because I'm unwilling to break a contract based on personal moral obligations.
[font=arial, helvetica, swiss]accord and satisfaction
n. an agreement to accept less than is legally due in order to wrap up the matter. Once the accord and satisfaction is made and the amount paid (even though it is less than owed) the debt is wiped out since the new agreement (accord) and payment (the satisfaction) replaces the original obligation. It is often used by creditors as "a bird in the hand is worth two in the bush" practicality.
See also: novation
[/font]Most anything can be negotiated. Yes, you may need an attorney's help, but better to pay the attorney and be known as an honorable person and not risk burning bridges and being known as a welcher.
Hope that helps a little more.
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