What to do if a jewelry store made an error in my favor when I bought an engagement ring?

Get Legal Help Today

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

What to do if a jewelry store made an error in my favor when I bought an engagement ring?

I recently purchased an engagement ring from a reputable jewelry store. I am on a payment plan and make monthly payments to buy the ring. I have an old engagement ring I purchased previously from the same store, in which they will give me 100% the value off my new ring if I give them the old ring back. I agreed but during the exchange process they took off the value of the old ring twice. I asked for a discount before the exchange but I believe this was done in error. Is there any legal action the store can take against me if I don’t bring this up to their attention?

Asked on May 25, 2012 under Bankruptcy Law, Indiana

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

Technically, if you know that you are not entitled to the money  (i.e. that were given double the credit to which you were entitled) but keep it anyway, you have committed a form of theft. You could certainly face civil liability--that is, the store could sue you for the overpayment and recover the money. (They could do this even if you didn't know you received more than you were entilted to.) You could possibly also be subject to criminal charges, owing to your knowledge.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

secured lock Secured with SHA-256 Encryption