About Michael Brotherton Expertise Consumer/Debtor Rights Advocate.
Mike Brotherton is a negotiator with over 30 years experience in consumer lending and collections. Mike has 30 years in the credit and collections industry as a former loan officer, debt collector and manager of two finance companies over several years.
Mike is well versed in Loss Mitigation practices and the legal collection process. He has helped literally thousands of people over many years overcome serious financial problems such as foreclosure, creditor lawsuits and abuse by debt collectors. For more information about resolving your "financial emergency" visit www.financialemergency.com.
FinancialEmergency.com is a consumer web site which actively promotes Fair Debt Collection Practices and other consumer protection laws. We teach DEBTOR RIGHTS and enforcement of those rights. The more informed you are of your rights and the credit collections practices of creditors the more peace you can have dealing with your FINANCIAL EMERGENCY.
Most financial problems are fairly common and as such have some very common solutions. The key is understanding your rights in the collection process and how to enforce them if need be.
Primary business- Debtor Rights Advocacy and Debt Mitigation relating to foreclosure, creditor lawsuits, and other serious financial problems.
www.financialemergency.com (copy and paste in browser).
Experience 30 years experience negotiating disputes and resolving financial issues related to consumer debt, corporate debt, and mortgage restructuriing.
Question I have been a member of a health club for over 20 years. My membership contract terms were $500 for 4 years, then $20/yr thereafter. I recognized this as a good deal back then and am getting my money's worth. They no longer offer this membership. About 10 years ago, this club sectioned off a portion of the club, gave it the name "cardio club", and charged those with my membership extra to enter that area. They justified this by saying my $20/yr membership did not cover the costs of new cardio equipment. However, they even removed equipment from the "free" area and placed it in the "cardio club" area. Now, they are closing existing clubs, opening new clubs, and only allowing "cardio club" members to have access to the entire club. If I don't pay them more money soon, they will completely squeeze me out of my membership. What do you think of this?
Answer DO you still have a copy of the original contract? If so, I would seek legal counsel to review the contract. Although I would say it appears unfair on the surface, your membership has outlasted their original concept and may have at some point become outdated. I don't agree that this is right or proper but they may have a legal right to these changes. You may still have a legal ground to fight this though so I would get a legal opinion. It is difficult to say without reading the original contract but there may be a precedence for a case.
