Urgent Help Needed, a client wants to cancel the contract!

[ard1997x]

Hello there,

I have a slight issue with a client whom I started the contract with 2 days ago. The client invited me and chose to continue with me then he sent an offer with total budget of 500$ and 250$ funded in escrow. I accepted the offer and the contract started however suddenly, client said that he was having crisis in his company and he may not open it at all so he said that he won't need my design services.

Now, he did send me a message that he will cancel the contract. While I don't have a problem if he cancels since I didn't got the chance to do any work yet but I'm worried if this will affect my JSS?!

Also, if he chooses to leave the contract open for a while with milestone funded but nothing released, will this affect my JSS as well?

Would appreciate your thoughts on this.

Best,

Ardi