In the absence of a good defense, a person who signs a document will be bound by its terms. This is true even if the person felt they didn’t have the time to read the document or didn’t understand what the document meant. Defenses include, duress, fraud and mutual mistake, although these defenses seldom succeed in helping someone escape from their bad deal. For more information see this article, Signed Documents Will Be Enforced Without a Good Defense.
At My Settlement I Felt Rushed So I Didn’t Get The Chance To Read The Documents Before I Signed. Am I Still Bound?
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Ronald J. Drescher has been practicing since 1986 in the areas of business transactions, commercial litigation, loan documentation, bankruptcy, creditors’ rights, and out-of-court workouts. His experience also includes corporate reorganizations, insolvency, business and tax planning.
