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[+] COFORGE FOLLOW UP - Michael Rosing/IL (1 reply)
5/25/2023 1:08:37 PM (1115 views)

[+] COFORGE - Michael Rosing/IL (1 reply)
5/24/2023 7:25:13 PM (1113 views)

[+] VKM Title - Diane Sherrill/SC (1 reply)
5/24/2023 12:16:43 PM (1001 views)

[+] Robert Franco and sourceoftitle.com - Patty Baber/CA (7 replies)
5/23/2023 12:47:12 PM (1555 views)

[+] AVANZE/ FUGO/ VISTRO INFO - William Stuart/AL (20 replies)
5/15/2023 3:53:24 PM (1796 views)




States dumping the torrens registry system - Randi Erickson/MN
5/15/2023 10:23:51 AM (1038 views)

[+] Collection Agencies - Patty Baber/CA (6 replies)
5/15/2023 9:26:42 AM (1023 views)

Diverse Title - Jason Knowles/AL
5/11/2023 11:47:13 AM (985 views)

Compexinc - Joyce Harper/OH
5/11/2023 8:35:34 AM (799 views)

[+] UPDATE TO AVANZE NON-PAYMENT - Mike Gottardi/TX (5 replies)
5/9/2023 6:52:59 PM (1283 views)

[-] Put a lien on properties we searched - Patty Baber/CA (10 replies)
5/9/2023 5:32:17 PM (1612 views)
Re: Put a lien on properties we searched - Kurt deVries/FL
5/10/2023 10:11:23 AM (1633 views)
Re: Put a lien on properties we searched - Victoria  Wertz/GA
5/11/2023 9:31:20 AM (1539 views)

I suspect you can't (nor can anyone else) because you don't have a contract with the homeowner.  They didn't ask you for any services.    You could take the company to court, get a judgment, however, collecting on that judgment will be tough.  Also, consider the expense involved, since I think you may be able to file where your company is located, however serving the other party may prove difficult and expensive.  Additionally, since it's a company, you will have a hard time trying to pierce the corporate veil, and you  have no personal guarantees from management as individuals.  Also if the company ceases to exist, your judgment is worthless. Bottom line, it's a risk we all take and sometime it does not end well.    The other potential issue may be in the vendor management package you may have signed that states you have to sit for arbitration vs. going to court. I hope you can take it as a loss write off against your taxes.

The other option that may be a possibility is that you could 1099 the company (i.e. to the IRS and you'd have to have their EIN) for the amount owed since you'd have to write it off and I believe they then have to pay taxes on it.  I seem to remember lenders doing this to foreclosed borrower for losses incurred vs. filing a deficiency judgment. 

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Re: Put a lien on properties we searched - Paige Dunn/GA
5/15/2023 9:07:21 AM (1417 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/15/2023 9:17:03 AM (1414 views)
Re: Put a lien on properties we searched - Michael RAFFERTY/VA
5/22/2023 11:54:21 AM (1378 views)
Re: Put a lien on properties we searched - Diane Price/FL
5/22/2023 10:11:22 AM (1240 views)
Re: Put a lien on properties we searched - Constance Foye/VA
5/22/2023 11:30:10 AM (1220 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/23/2023 12:06:12 PM (1210 views)
Re: Put a lien on properties we searched - Michael Ebersole/PA
5/22/2023 11:37:03 AM (1283 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/23/2023 12:08:25 PM (1175 views)

SanRit Technologies - No Pay - Patty Baber/CA
5/9/2023 1:15:26 PM (784 views)

[+] Stellar Innovations - Randi Erickson/MN (6 replies)
5/8/2023 4:58:40 PM (1405 views)

[+] Avanze - Jay Duncan/MO (5 replies)
5/8/2023 10:01:57 AM (1090 views)

[+] At Home Title MN - Regina  Engebritson/MN (3 replies)
5/5/2023 8:04:08 AM (1064 views)


<< get older messagesget newer messages >>

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