Money Mailer threatening legal action against failing franchise
Franchise Horror Stories (43 replies) Mon, 2007/03/12 - 10:59
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Money Mailer threatening legal action against failing franchise
I made the mistake of starting a Money Mailer franchise 2 years ago. I have invested a large amount of money, and have lost larger and larger sums every month as I followed the franchise growth plan. Little of the promised training or marketing support ever materialized.
Two months ago, my health failed (partially as a result of financial stresses) and I realized I could no longer stay in business.
Last week I was contaced by Money Mailers Legal department that I may be held responsible for all of the royalties and penalties for the entire duration of the remaining 8 years of the agreement, "a sum in excess of $250,000, plus legal fees".