Pursuant to an agreement dated November 24, 1997, which provided for 60 payments to be made over a 60-month term, AT&T Capital Leasing Services leased auto emissions testing equipment to defendant. In February 1999, AT&T assigned the lease to plaintiff. In a letter dated September 2, 1999, after defendant stopped making payments under the lease, plaintiff notified defendant of his "default under the above referenced Leases as a result of your failure to remit rents...
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