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[+] Vistro Info - CYNTHIA DICUS/MD (5 replies)
5/26/2023 5:49:36 PM (1808 views)

[+] COFORGE FOLLOW UP - Michael Rosing/IL (1 reply)
5/25/2023 1:08:37 PM (1464 views)

[+] COFORGE - Michael Rosing/IL (1 reply)
5/24/2023 7:25:13 PM (1427 views)

[+] VKM Title - Diane Sherrill/SC (1 reply)
5/24/2023 12:16:43 PM (1270 views)

[+] Robert Franco and sourceoftitle.com - Patty Baber/CA (7 replies)
5/23/2023 12:47:12 PM (1889 views)


Real Title Services


[+] AVANZE/ FUGO/ VISTRO INFO - William Stuart/AL (20 replies)
5/15/2023 3:53:24 PM (2114 views)

States dumping the torrens registry system - Randi Erickson/MN
5/15/2023 10:23:51 AM (1276 views)

[+] Collection Agencies - Patty Baber/CA (6 replies)
5/15/2023 9:26:42 AM (1343 views)

Diverse Title - Jason Knowles/AL
5/11/2023 11:47:13 AM (1284 views)

Compexinc - Joyce Harper/OH
5/11/2023 8:35:34 AM (1033 views)

[+] UPDATE TO AVANZE NON-PAYMENT - Mike Gottardi/TX (5 replies)
5/9/2023 6:52:59 PM (1631 views)

[-] Put a lien on properties we searched - Patty Baber/CA (10 replies)
5/9/2023 5:32:17 PM (1915 views)
Re: Put a lien on properties we searched - Kurt deVries/FL
5/10/2023 10:11:23 AM (2323 views)
Re: Put a lien on properties we searched - Victoria  Wertz/GA
5/11/2023 9:31:20 AM (2250 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 (2070 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/15/2023 9:17:03 AM (2050 views)
Re: Put a lien on properties we searched - Michael RAFFERTY/VA
5/22/2023 11:54:21 AM (2045 views)
Re: Put a lien on properties we searched - Diane Price/FL
5/22/2023 10:11:22 AM (1876 views)
Re: Put a lien on properties we searched - Constance Foye/VA
5/22/2023 11:30:10 AM (1851 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/23/2023 12:06:12 PM (1817 views)
Re: Put a lien on properties we searched - Michael Ebersole/PA
5/22/2023 11:37:03 AM (1888 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/23/2023 12:08:25 PM (1778 views)

SanRit Technologies - No Pay - Patty Baber/CA
5/9/2023 1:15:26 PM (1106 views)

[+] Stellar Innovations - Randi Erickson/MN (6 replies)
5/8/2023 4:58:40 PM (1743 views)

[+] Avanze - Jay Duncan/MO (5 replies)
5/8/2023 10:01:57 AM (1354 views)


<< get older messagesget newer messages >>

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