Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] Collection Agencies - Patty Baber/CA (6 replies)
5/15/2023 9:26:42 AM (1091 views)

Diverse Title - Jason Knowles/AL
5/11/2023 11:47:13 AM (1041 views)

Compexinc - Joyce Harper/OH
5/11/2023 8:35:34 AM (840 views)

[+] UPDATE TO AVANZE NON-PAYMENT - Mike Gottardi/TX (5 replies)
5/9/2023 6:52:59 PM (1368 views)

[-] Put a lien on properties we searched - Patty Baber/CA (10 replies)
5/9/2023 5:32:17 PM (1671 views)
Re: Put a lien on properties we searched - Kurt deVries/FL
5/10/2023 10:11:23 AM (1784 views)
Re: Put a lien on properties we searched - Victoria  Wertz/GA
5/11/2023 9:31:20 AM (1682 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. 

to post a reply: login - or - register


Re: Put a lien on properties we searched - Paige Dunn/GA
5/15/2023 9:07:21 AM (1540 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/15/2023 9:17:03 AM (1533 views)
Re: Put a lien on properties we searched - Michael RAFFERTY/VA
5/22/2023 11:54:21 AM (1519 views)
Re: Put a lien on properties we searched - Diane Price/FL
5/22/2023 10:11:22 AM (1372 views)
Re: Put a lien on properties we searched - Constance Foye/VA
5/22/2023 11:30:10 AM (1348 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/23/2023 12:06:12 PM (1328 views)
Re: Put a lien on properties we searched - Michael Ebersole/PA
5/22/2023 11:37:03 AM (1401 views)
Re: Put a lien on properties we searched - Patty Baber/CA
5/23/2023 12:08:25 PM (1301 views)




SanRit Technologies - No Pay - Patty Baber/CA
5/9/2023 1:15:26 PM (859 views)

[+] Stellar Innovations - Randi Erickson/MN (6 replies)
5/8/2023 4:58:40 PM (1475 views)

[+] Avanze - Jay Duncan/MO (5 replies)
5/8/2023 10:01:57 AM (1153 views)

[+] At Home Title MN - Regina  Engebritson/MN (3 replies)
5/5/2023 8:04:08 AM (1149 views)

[+] Infinity International Processing Services NO PAY - Patty Baber/CA (7 replies)
5/3/2023 2:25:10 PM (1034 views)

[+] AVANZE NON-PAYMENT - Mike Gottardi/TX (2 replies)
5/1/2023 6:57:05 PM (1138 views)

[+] PINNACLE TITLE AGENCY- LITTLE ROCK ARKANSAS - LAWANDA  MCMILLIAN/AR (2 replies)
4/27/2023 1:51:35 PM (1160 views)

[+] LIFELINE - John Smith/FL (11 replies)
4/18/2023 12:05:23 PM (1812 views)

[+] VKMTitle - Rita Killary/NY (7 replies)
4/12/2023 12:36:18 PM (1469 views)

[+] Sepeda Title & Abstracting - Jason Knowles/AL (8 replies)
4/11/2023 11:50:33 AM (1514 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8947 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

USA-based Abstractors - Part 1
Denise. Williams.'s Blog
2025/01/31
0 comments

Title Search in Maryland
Security American's Blog
2025/01/23
0 comments

Unique Aspects of Title Search in Virginia
Security American's Blog
2024/07/08
2 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

MISMO Introduces SMART Doc® V3 Sample Package Resource to Facilitate Enhanced Data Exchange Methods
“This new resource represents an important step toward perfecting data security and reliability for the various pa...
5 Key Supply-Side Headwinds Hurt Housing Supply, NAHB Tells Congress
Testifying before the House Financial Services Subcommittee on Housing and Insurance, NAHB Chairman Buddy Hughes, a home...
AmTrust Title Insurance Appoints Netanel Hershtik as Underwriting Counsel
AmTrust Title Insurance Company (AmTrust Title), a wholly owned subsidiary of AmTrust Financial Services, Inc., today an...
Pending Home Sales Waned 4.6% in January
"It is unclear if the coldest January in 25 years contributed to fewer buyers in the market, and if so, expect greater s...
HUD Secretary Vows to Work with Builders to Cut Regulations, Boost Housing Supply
“A home is more than four walls. It’s the foundation of a thriving community,” said Turner. “To ...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.