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HPSC, INC. v. MATTHEWS

179 A.D.2d 974 (1992)

HPSC, Inc., Appellant, v. G. Duane Matthews et al., Respondents

Appellate Division of the Supreme Court of the State of New York, Third Department.

January 30, 1992

Crew III, J.

On August 27, 1982 Deborah Matthews (hereinafter Matthews), a licensed dentist in Louisiana, signed a lease to rent certain dental equipment from plaintiff, a dental equipment leasing company. Sometime in November 1984, Matthews defaulted in making payments on the lease and, by letter dated January 29, 1985, plaintiff sent Matthews a proposed restructured lease payment schedule effective February 1, 1985. The letter also provided in pertinent...

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