Elavon Aka Nova Information Systems
First Horizon Attempted to charge $1300 for estimated liquidated damages, money they thought they would earn over the next 8 months

After five years with First Horizon, during which the company became Elavon, I filled out the proper paperwork to close my account. A few weeks later a notice came that stated that I owed over $1,300 for "liquidated damages." Upon questioning what that charge pertained to, it was explained that Elavon projected a ficticious figure based on my company's past performance that they felt they were owed. I had signed absolutely no contract with the new company, Elavon. How can this be legal?

Company: Elavon Aka Nova Information Systems
Country: USA
State: Tennessee
City: Knoxville
Address: 7300 Chapman Hwy
Phone: 8003770967

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