My question involves business law in the state of: NM
I have been waiting on payment from a client for 10 months. Per our agreement and policy, they have incurred a big bill of late charges.
Now they want to pay, but only if I sign a "document" that basically says I can't ever say anything negative about them, and that I waive all the late fees.
This agreement is extremely one-sided, and offers no protection for me at all, so I don't really want to sign it.
What can I do at this point? It seems like they are trying to set me up for litigation in the future.
They say they won't pay unless I sign. They have repeatedly lied and broken promises in this whole deal, so I don't trust them at all.
The amount due on the original invoice is $925. Late fees amount to $2500. I realize that if we go to court, I'll only be able to get the original, if anything. So, what are my options?
They are a large, respected nonprofit organization in Washington DC, so their reputation could be at stake if I could use it as leverage.