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How are people from other countries doing it? - Carrin/TX
5/13/2011 11:23:27 AM (3039 views)
Re: How are people from other countries doing it? - Nils Nelson/ME
5/13/2011 3:52:19 PM (2920 views)
Re: How are people from other countries doing it? - Michael Toebe/KS
5/13/2011 6:40:14 PM (2774 views)
Re: How are people from other countries doing it? - Brenda Palmer/TN
5/16/2011 5:24:46 AM (2792 views)
Re: How are people from other countries doing it? - William Pattison /CA
5/31/2011 11:43:39 PM (2554 views)

I cannot answer my phone! - Robert Franco/OH
5/12/2011 3:30:15 PM (3090 views)
Re: I cannot answer my phone! - Kevin Ahern/CT
5/12/2011 4:12:47 PM (2869 views)
Re: I cannot answer my phone! - Leigh Attridge/MA
5/12/2011 4:26:50 PM (2854 views)
Re: I cannot answer my phone! - Donna McCullough/SC
5/12/2011 5:50:30 PM (2881 views)
Re: I cannot answer my phone! - Nils Nelson/ME
5/12/2011 6:00:07 PM (2744 views)
Re: I cannot answer my phone! - Nils Nelson/ME
5/12/2011 6:02:41 PM (2803 views)
Does your state offer a no-call list choice - Michael Toebe/KS
5/13/2011 6:42:33 PM (2759 views)
Re: I cannot answer my phone! - john franz/NJ
5/16/2011 8:54:52 AM (2573 views)

1 in 3 homeowners underwater? - Garret  Fitzgerald/VA
5/11/2011 12:07:14 PM (3918 views)
Re: 1 in 3 homeowners underwater? - Robert Franco/OH
5/11/2011 12:46:53 PM (2799 views)
Re: 1 in 3 homeowners underwater? - Kevin Ahern/CT
5/11/2011 1:09:14 PM (2684 views)
Re: 1 in 3 homeowners underwater? - William Pattison /CA
5/11/2011 1:26:14 PM (2802 views)
Re: 1 in 3 homeowners underwater? - Scott Perry/PA
5/11/2011 4:44:30 PM (2941 views)
Re: Thank you... - Robert Franco/OH
5/11/2011 4:58:32 PM (2777 views)
Re: Thank you... - Scott Perry/PA
5/11/2011 5:32:35 PM (2706 views)
Re: Thank you... - Slade Smith/OH
5/11/2011 8:04:58 PM (2753 views)
Re: Thank you... - Scott Perry/PA
5/14/2011 10:40:03 AM (4111 views)
Re: Thank you... - Slade Smith/OH
5/14/2011 6:20:59 PM (2737 views)
Re: 1 in 3 homeowners underwater? - Mark Pierson/FL
5/16/2011 9:48:14 AM (2477 views)
Re: 1 in 3 homeowners underwater? - Slade Smith/OH
5/11/2011 7:50:08 PM (2711 views)
Re: 1 in 3 homeowners underwater? - Scott Perry/PA
5/14/2011 11:39:31 AM (2690 views)
Re: 1 in 3 homeowners underwater? - Kevin McCarthy/AR
5/16/2011 1:46:22 AM (2548 views)
Re: 1 in 3 homeowners underwater? - Scott Perry/PA
5/16/2011 7:15:02 AM (2570 views)
Re: 1 in 3 homeowners underwater? - Robert Franco/OH
5/16/2011 8:24:11 AM (2571 views)
Re: 1 in 3 homeowners underwater? - Janis Talbot/SC
5/16/2011 8:56:12 AM (2564 views)

Round the Clock Docs - Sandra Harold/KS
5/11/2011 11:35:38 AM (5179 views)
Re: Round the Clock Docs - Nils Nelson/ME
5/11/2011 11:45:00 AM (3110 views)
Re: Round the Clock Docs - rod hefner/KS
5/17/2011 5:11:03 PM (2943 views)
Round the Clock Docs -- NOT Affiliated with Abstractors A Go Go - Charlie Reynolds/NJ
5/17/2011 5:54:14 PM (3412 views)

Fed Retreat on Bigger Loans Rattles Housing - Leigh Attridge/MA
5/11/2011 9:35:18 AM (3022 views)




No Mortgage Modification for me! - Paula Reynolds/FL
5/10/2011 5:56:32 PM (2819 views)
Re: No Mortgage Modification for me! - Garret  Fitzgerald/VA
5/11/2011 12:09:18 PM (2617 views)
Re: No Mortgage Modification for me! - john franz/NJ
5/16/2011 8:59:28 AM (2492 views)
Re: No Mortgage Modification for me! - Janis Talbot/SC
5/16/2011 9:04:02 AM (2366 views)

Comment on "Another County Looks to Recover Lost Fees from MERS" - Source of Title/OH
5/10/2011 2:59:01 PM (2641 views)
MERS - Lee Holzinger/CA
5/10/2011 2:59:01 PM (4239 views)

What is Reasonable? - Carl Litchfield/SC
5/9/2011 7:54:04 PM (2805 views)
Re: What is Reasonable? - Jessica Talley/FL
5/10/2011 9:02:44 AM (2577 views)
Re: What is Reasonable? - Donna McCullough/SC
5/10/2011 9:06:42 PM (2579 views)
Re: What is Reasonable? - Kevin Ahern/CT
5/11/2011 8:27:04 AM (2587 views)

You have to be careful about assessing late charges. The law permitting them is state specific. In Connecticut you can not charge interest/ late fees unless there is a statute that permits it or you have a contract with the client that permits it.

You also have to be mindful of usuary laws in the forum state. Although I think that a commercial transaction such as you describe is not subject to these laws, it would be a good idea to consult the law of the forum state. In Connecticut usurious interest/late charges make both the principal and the late charge uncollectible.

In terms of collection...don't waste your time with collection agencies. All they can do is make threatening telephone calls which are limited by the Fair Credit Collection Act and write annoying letters. You are better off serving the client with a summons. Most of the time it is enough to get you paid, and you do not have to go to the expense of litigation. Sometimes just sending them a copy of the summons with a cover letter explaining that you will serve it if you are not paid is enough, but be prepared to follow through with serving it. There is something impressive about a marshal appearing in their place of business, flashing a badge and serving the papers.

Publishing your complaint on the internet or other media is not a good idea. It could lead to an ugly and expensive defamation or trade libel suit. While the truth of the statement is a defense, you would still have to go through the expense and aggtavation of defending yourself. By contrast the same statements that may be defamatory are covered in most states by a qualified/conditional privilege when alleged in a civil action. Statements made in court pleadings, depositions and testimony do not give rise to suits for defemation. However, the key word is qualified/conditional privilege. The privilege can be lost by over publication in the media. We had an ugly divorce case here in Connecticut a few years ago which apparently gained a high profile in the media. One of the litigants chose to publish remarks in the media while the case was pending, and lost the privilege through over publication.

 

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Re: What is Reasonable? - Carl Litchfield/SC
5/11/2011 11:31:16 AM (2535 views)
Re: What is Reasonable? - Dan Zook/NY
5/11/2011 3:08:17 PM (2523 views)
Re: What is Reasonable? - Janis Talbot
5/16/2011 9:14:12 AM (2406 views)

Comment on "Title Insurance Industry 2010 Performance-- in Graphs" - Source of Title/OH
5/7/2011 4:00:23 PM (2955 views)
Good Work! - Wyatt Bell/FL
5/7/2011 4:00:23 PM (2670 views)
Re: Good Work! - Slade Smith/OH
5/9/2011 2:46:07 PM (2522 views)

Home Prices Double Dip Down - Leigh Attridge/MA
5/6/2011 11:21:46 AM (3542 views)
Re: Home Prices Double Dip Down - Slade Smith/OH
5/6/2011 1:10:02 PM (2722 views)

Comment on "Ties Common Between Title Crimes and Out of Control Casino Gambling" - Source of Title/OH
5/4/2011 8:13:35 PM (2605 views)
Ho-Chunk? - J. H./OH
5/4/2011 8:13:35 PM (6838 views)
Re: Ho-Chunk? - James Powell/MI
5/5/2011 7:54:42 AM (8179 views)

Offering: current owners for $ 20! - MJDT/KS
5/4/2011 1:47:18 AM (3286 views)
Re: Offering: current owners for $ 20! - William Pattison /CA
5/5/2011 2:23:07 PM (3069 views)
Re: Offering: current owners for $ 20! - Garret  Fitzgerald/VA
5/10/2011 1:34:36 AM (2806 views)
Re: Offering: current owners for $ 20! - john franz/NJ
5/10/2011 9:40:16 AM (2769 views)
VENDOR Packages: Reject Them - William Pattison /CA
5/11/2011 1:36:37 PM (2727 views)
Re: VENDOR Packages: Reject Them - Paula Reynolds/FL
5/12/2011 3:03:33 PM (2523 views)
Re: VENDOR Packages: Reject Them - William Pattison /CA
5/31/2011 11:47:08 PM (2680 views)

ALTA's CEO is Chairman of the Board of MERS..? - Slade Smith/OH
5/3/2011 9:40:30 AM (2873 views)
Re: ALTA's CEO is Chairman of the Board of MERS..? - Robert Franco/OH
5/3/2011 11:10:40 AM (2860 views)
Re: ALTA's CEO is Chairman of the Board of MERS..? - john franz/NJ
5/10/2011 9:33:40 AM (2530 views)

Harvard University reports "affordability crisis for renters" - Leigh Attridge/MA
5/3/2011 8:34:15 AM (3550 views)
Re: Harvard University reports "affordability crisis for renters" - Abstractor/GA
5/3/2011 11:54:46 AM (2714 views)
Re: Harvard University reports "affordability crisis for renters" - Leigh Attridge/MA
5/3/2011 2:41:27 PM (4221 views)

Tri State Abstractions - Joyce Obrien/PA
5/2/2011 1:07:12 PM (3901 views)


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