progress payments/down payments
We are picking a Banquet Hall for our daughter's wedding and we are also buying office furniture and a pull down Murphy type bed. These are big expenses and the office furniture store wants 50% down payment and the Banquet requires 1,500 down payment and multiple payments due with final payment 5 days before the Wedding day. How can I protect myself from either of these companies if they go out of business and losing all of our monies. We are dealing with established companies but they sometimes go out of business. Can I demand a performance bond from either, assume they would refuse.
Thanks for any help.
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Riverside NJ, Moorestown NJ, Mt. Laurel NJ, Tuckerton NJ, Mount Laurel NJ.
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