Can I be required to pay a training contract at a finance company that has put my training company in bankruptcy? the finance company that I signed with obtaining training to become electrician has withdrawn funding for my training business and my training company went bankrupt, the finance company trying to get other companies to support training, it can finance companies still charge students who have lost through their actions and who no longer wish to proceed with training.
If you are offered further training, but have changed your mind, you are obliged to respect your termination. Even if the finance company has a dance training institutions, there were contracts in place between the training center and the finance company which had no effect on you. Your agreement with the finance company was to follow the training.
While juggling training facilities has enabled training to continue, you have to abide by the contract. Losing is not a valid reason for the interest of escape.
Posted on February 3, 2010.