In January of 2018, Danbury resident Devang Patel contacted me about buying The Mercurial website, brand, and digital assets. After collaborating on a contract, Patel and myself signed on a 15-month lease-to-own payment plan totaling $3,272.20. Patel has not made a full payment since June of 2018.
Patel promised to make payments many times since falling behind on the contract. At one point, he and I agreed to a late fee for each time payment wasn’t made by the 6th of the month. He said he was having issues with PayPal. He said he was laid off from this job.
“Hi, sorry for the delayed responses. I had my car broken into and both my phone and laptop were stolen, got a little side tracked trying CCs and a few other things secured.
As far as the contract goes, can we include a 5-7 day grace period from the 1st to make the payment each. If you want to include a late fee of lke $50 after that I’m open to that as well. Let me know if that’s okay with you.
I def would like to continue retaining the website, as I have been working on multiple projects with different artist in the last month. I def would like to continue retaining the website, as I have been working on multiple projects with different artist in the last month.
Let me know what you think, I’ll hop back on later this afternoon.“
-Devang Patel to me via Facebook Messenger on May 16th
On September 14, Patel had promised to make weekly payments of $50 to catch up on his overdue balance of $1,310. I agreed to this, and said I would waive future late fees (agreed to at $50 for each week of delayed payment, then revised to a flat rate of $100) if he continued to make weekly payments. Patel has made approximately four erratic payments since then.
You can view our contract here:
Here is Patel’s most recent invoice.
MERCURIAL LEASE-TO-OWN, JUNE 2018
JUNE LATE FEES
MERCURIAL LEASE-TO-OWN, JULY 2018
JULY LATE FEES
MERCURIAL LEASE-TO-OWN, AUGUST 2018
AUGUST LATE FEES
MERCURIAL LEASE-TO-OWN, SEPTEMBER 2018
SEPTEMBER LATE FEES
MERCURIAL LEASE-TO-OWN, OCTOBER 2018
MERCURIAL LEASE-TO-OWN, NOVEMBER 2018
NOVEMBER LATE FEES
Payments made: $350