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When a business closes, there may be little
warning, and it may be very difficult to retrieve merchandise or deposits
left with the company. To protect yourself from being stuck when a business
folds, consider the following:
TIPS FOR CONSUMERS
- Research the Company.
- Find out how long it has been in business and research
its past successes and failures, especially if you are leaving an expensive
item to be repaired or are making a hefty deposit. Call your local Better
Business Bureau and government agencies like the Florida Department of
Agriculture and Consumer Services, the County Consumer Affairs Bureau,
the Office of the Attorney General and the Federal Trade Commission to
determine whether any complaints or lawsuits are pending. For an out-of-state
company, you may wish to call the appropriate agencies and authorities
in the state where the company maintains its headquarters.
- Ask for References.
- Find out if the company belongs to any trade associations,
and ask the association whether the company is a member in good standing.
Ask friends, co-workers and relatives if they are familiar with the company.
- Look Around Carefully.
- Take a look around the shop before doing business. Note
whether shelves or showrooms are fully stocked and ask yourself whether
the business location looks temporary.
- Stop by or Call Often.
- If you have left merchandise or made a prepaid order
or deposit, call or stop by regularly to inquiry about the status of your
repair or order. If ordering a part and it is going to take longer than
thirty days to receive, be skeptical. Be careful about leaving repaired
items over thirty days.
- If You Get Stuck.
- If a business location has closed down, look for some
sign or indication at the business's former address regarding how it can
be contacted. For businesses with other locations, try calling another
outlet or the headquarters to determine what action to take. If no other
location exists and no indication as to where the business can be contacted
is apparent, ask neighboring business owners or competitors if they know
where the owner can be reached. You may also wish to contact the owner
or manager of the building where the business was located about a possible
forwarding address.
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Source: Originally developed by the Florida Attorney
General's Office
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