Skip to main content

Posts

Showing posts from September, 2016

If Donald Trump (or Another Business) Fails to Pay You, Sue!

One of the stories in this election is the accusation by various people and companies that Donald Trump doesn't pay his bills, that Trump often "stiffs" companies he does business with. A now-retired owner of a music store in New Jersey wrote an article  for the Washington Post saying that in 1989 he had a contract to provide pianos to Trump's Taj Mahal casino in Atlantic City. He said that he provided the pianos, but later the casino told him it was short on money, it couldn't pay the full $100,000, would he take $70,000? This gentleman says he was forced to accept the $70,000, taking a loss of $30,000. He said he couldn't afford to hire a lawyer: They would pay 70 percent of what they owed me. There was no negotiating. I didn’t know what to do — I couldn’t afford to sue the Trump corporation, and I needed money to pay my piano suppliers. So I took the $70,000.   Well guess what? There are people who do business like that! There are people who do that ...