I was presented a sales presentation for a credit card machine. The salesman told me I would be charged a certain percentage for the credit card transactions. I agreed to what the salesperson told me and signed a contract. He did not leave a copy of the contract with me due to him telling me that it had to go back to the home office for processing. Long Story short, I finally acquired a copy of the contract 2 1/2 months later. I did make numerous phone calls immediatley after signing the contract due to being charged for the machine and not recieving it. I finally recieved the machine and it did not go live until 45 days after signing the contract. Well, they only have a 7 day backout clause from the date the contract was signed. It had already passed. I used the machine for 12 months. My company went out of business and I returned the machine in perfect working order. I was charge an additional $395 from EVO, The credit card processor for turning off the account. These charges were never discussed with the salesman at the time of the presentation. I have now received a letter from MBF Leasing stating I owe for the additional 36 months and failure to honor payment commitment may result in my account being referred for legal action. What recourse do I have on this issue?