What is Breach of Contract?

Find the right Breach of Contract attorney in Troy, MI

An agreement offered by one party and accepted by another is a contract. Contracts commonly take the form of written documents in Michigan, but certain oral agreements can also be considered contracts. If a contract is not fulfilled by one or more parties, there is a Breach of Contract. Parties sometimes choose not to honor their bargain during the course of business, or it might be impractical to perform. The consequences for a breach of contract depend on the situation. One party may be required to pay the other for its loss, and it may sometimes be necessary to bring the matter to court.

What If Someone Fails to Honor Their End of the Contract in Troy

A breach of contract in Troy typically entitles the party who fulfilled its end to recover monetary damages from the party that did not. The exact amount of these damage awards, however, is usually a subject of contention in court. Courts may be used to resolve disagreements that the parties cannot negotiate privately. In the course of the case, the courts will require that the initial complaint state the amount of damages suffered.

What If I Can

If a monetary award will not resolve the issue, courts in Troy, Michigan may choose to grant an injunction, which is an order for the other party to do what it had agreed. Once your concerns are determined, a court will require you to properly voice them in court so that it may grant a suitable remedy. A breach of contract does not necessarily mean that someone did something wrong. Courts consider more then the question of whether a breach of contract actually occurred, but also Michigan law looks to how and why the obligation went unfulfilled.

How Can an Attorney Help?

It is usually best for a party intending to violate an agreement to make its intention known to the other party, but extreme care must be used. Otherwise, communications may be taken as admissions of wrong doing. When a party finds itself unable to complete a contract, it is important to be aware of local Michigan law, since it may impact your case in an unique way. Troy, Michigan Since contractual disputes often turn on questions of timing, you should consult an attorney as soon as you suspect that a contract has been violated. Many attorneys in the Troy, Michigan area have specialized in contract law.

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Life in Troy

Troy is a suburb of Detroit, Michigan. It is a well-recognized area for its shopping and business centers. Troy has many buildings providing office spaces, and an upscale Somerset Collection that has become a shopper's favorite.

Interestingly, Troy was ranked the fifth safest city in the nation! In 2008, CNN Money also ranked Troy twenty-second on the list of the "Best Places to Live in the United States." Criteria used by CNN Money for the list include housing, education quality, economy, and recreation. Offering so much, Troy manages to be the fourth most affordable U.S. city to live in, with an apparent median household income of ,000.

Some famous people who have called Troy home include Sutton Foster, Ellen Hollman, Martin Klebba, Steve McCatty, Ivana Milicevic, Steven Yeun, and Bridget Regan.

The Top of Troy is the city's tallest building that is home to many offices. Law firms have also found a home in The Top of Troy. These firms train attorneys to provide clients with the best possible legal services. Therefore, residents and local businesses will never have an issue solving any of their legal matters.

Overall, Troy provides residents with a wonderful quality of life!

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