Business agreements and legal contracts all make up the basis of a lot of business practices. A contract’s job is to set out the responsibilities of all parties involved in the practice. However, contracts aren’t all perfectly written. It is hard for a contract writer to reasonable cover each and every situation that may occur. When a breach of contract occurs, one of the parties may have fallen out of line with the terms of the contract. There are stiff consequences for breaking a contract. By understanding the remedies that are available to you, you can be better prepared if you enter into this situation.

Don’t Delay!! Breach of contract disputes have a statute of limitations. Contact our office to get the help you need so you can get a fair settlement.

Since 1985, the expert breach of contract lawyers at Howe & Associates have helped thousands of breach of contract cases. The breach of contract attorney from our firm will help you every step of the way. They will inform you of your rights in the contract negotiation settlement and can provide assistance if you settle or choose to fight it out in court. They will also keep you abreast of your possible remedies to the situation.

Breach of Contract Remedies

Compensatory Damages – this is the monetary loss that results from a breach of contract. It will help to put you in the exact situation that you would be in if the breach hadn’t occurred.

Consequential or Incidental Damages – these cover any damages that are reasonably foreseeable as the result of a broken contract.

Liquidated Damages – these terms are part of the contract and they are designed to get each party to stick with the contract.

Punitive Damages – this is a financial punishment for either party breaking the agreement. It is rarely used because other remedies are easier to use.

Specific Performance – this is a situation when the Court will order the contract breaker to honor the contract. It is mostly used in real estate transactions and is rarely used elsewhere.

Other Remedies may include Recission, when both parties are exempt from being held to the contract, and Reformation, when the contract is amended. If you prefer, the breach of contract attorneys at Howe & Associates will defend you in dispute resolution, arbitration or mediation.

Contact Atlanta Breach of Contract Attorneys Now.