My question involves business law in the state of: Florida
I have received a summons from Wells Fargo Merchant Services that demands I pay 12,432.00 for a merchant account that was closed due to chargebacks. Not only did they close the merchant account down for chargebacks they put myself and the company name on the TMF List (Terminated Merchant File LIst) causing our company and myself not able to open another merchant account to conduct business.
More importantly, we had hardly any merchant chargebacks when they decided to go to the extreme and terminate our account and blacklist us from obtaining a merchant account again. I see this online all the time when it comes to Wells Fargo.
More importantly, I was planning to goto the court house myself and respond with an answer tomorrow being the 2nd to last day. However, I just noticed that it said the company MUST be represented by an attorney and I can represent myself.
What options do I have to not receive a default judgement against me individually. The company is closed down and I do not care what files against it but I have prefect credit and I want to maintain my credit rating.
The courthouse is Broward County Satellite Courthouse.
The complaint states that these customers charged back their payment to the company and they want to be repaid. The merchant account was opened on May 1st 2012 on or about and closed within three months of having charges pass through the account.
I do not mind paying them because I do have a 200k line of credit with the bank individually and want to keep that in good standings. They haven't done anything to me personally and I would like to keep it that way. Can anyone give any advice or help me respond quickly. I am availalble all night and would appreciate your response.
Will an affirmative defense stop them from doing anything? The only income I have now is social security and a small pension from when I retired. I also have a IRA that is paying me $400 a month.
Do I have any options? If so, whats the best one? And Fast ! Help![]()

