overcharged

[fasimonis]

I live in California, and I purchased a business from an individual who is retiring. I found out that one of our vendors has been overcharging us for years. The vendor said they would credit the overcharges from the date I took over the business (1/01), but the overcharges prior to that date would not be credited. They said since the old account was closed and a new one was opened, the credit could not be issued. However, the old account is still active. Do I have any recourse for these credits? The total comes to about $2,000.00 for the last two years. (I have received credits from other vendors applicable to the period prior to the purchase.)
Thank you.

 

[JETX]

When you purchased the company, did it include ALL assets. If so, the overdue account is an asset and should have survived the purchase.

Send them a real nice demand letter by certified RRR. Tell them that you expect payment within a reasonable time (10 days after receipt) or you will be forced to take further action. If they don't pay, take them to small claims court.