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



[+] FDIC sues Ex-Chief of Big Bank That Failed - Leigh Attridge/MA (3 replies)
3/17/2011 11:48:13 PM (4786 views)

[+] Abstractors A GoGo - Scott Aduddell/MO (5 replies)
3/17/2011 8:49:09 PM (3608 views)

[+] India - Dave Pelligrinelli/GA (9 replies)
3/17/2011 7:55:05 PM (5078 views)

[+] Comment on "Former Town Treasurer Gets Eight Years for Stealing Cell Phone Tower" - Source of Title/OH (2 replies)
3/17/2011 10:59:56 AM (3244 views)

A Swift Deal - Leigh Attridge/MA
3/16/2011 11:11:48 PM (3881 views)




In Proposed Settlement A Gift to Big Banks - Leigh Attridge/MA
3/16/2011 11:08:57 PM (3979 views)

I seriously just give up - CHARLENE  PERRY/MD
3/16/2011 2:43:55 PM (2961 views)

[+] Comment on "Law Professor Makes Case for Federal Land Title System" - Source of Title/OH (14 replies)
3/16/2011 10:59:55 AM (3255 views)

[+] Comment on "Another Cleveland Area Title Company Owner Indicted" - Source of Title/OH (6 replies)
3/15/2011 7:32:01 PM (3778 views)

[+] Anyone know this company? - Serena Stout/VA (3 replies)
3/15/2011 3:36:55 PM (3697 views)

[+] Island moved - William Pattison /CA (4 replies)
3/15/2011 12:09:52 PM (3367 views)

[+] Before & after photos show land and development - William Pattison /CA (2 replies)
3/15/2011 11:23:08 AM (4627 views)

[-] getting burned - LEO POVEDA/CA (6 replies)
3/14/2011 4:45:03 PM (3459 views)
Re: getting burned - Kevin Ahern/CT
3/14/2011 6:22:30 PM (3804 views)

Sue them and record a judgment lien. The lien will impact the client's credit rating for years, and may unexpectedly force him to make payment at some time in the future. In Connecticut Superior Court judgments are good for 20 years. The judgment liens need to be renewed every 5 years for the unexpired portion of the judgment. If your client has disappeared as you say you will need to check your state's statutes for service of process. It will differ depending upon whether your client is a corporation,LLC,partnership or a sole proprietorship.

it is a good idea to lay the groundwork for self protection when you initially accept business from a new client:

                           1.    Limit the amount of credit you will extend to them each month

                           2.    Operate with a written agreement.

                          3.     If you are dealing with a corporation or LLC try to get a corporate officer or managing member of an LLC to sign in his/her personal capacity (guaranty of payment) in addition to signing in his/her representative capacity.This will allow you to sue the individual as well as the corporation or LLC without having to pierce the corporate veil.

If the individual was careless in filling out the contract, and did not disclose that the business entity was a corporation or LLC and further failed to disclose that he was acting in a representative capacity as a corporate officer or manager of an LLC he may have rendered himself personally liable on the claim. In many states the law of agency requires that he disclose the correct identity of the corporation/LLC and that he is acting in the capacity of a duly authorized agent/employee.I just completed a number of arbitrations in which the individuals failed to write the complete name of the corporation/LLC on the contract and failed to indicate their job titles. The individuals were held to be liable on the claims, and their personal assets became subject to the payment of the claims.

to post a reply: login - or - register


Re: getting burned - LEO POVEDA/CA
3/21/2011 2:13:53 PM (3577 views)
Re: getting burned - Leigh Attridge/MA
3/16/2011 6:54:27 PM (3663 views)
Re: getting burned - Janis Talbot/SC
3/21/2011 7:39:26 AM (3622 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:22:27 PM (3509 views)
Re: getting burned - LEO POVEDA/CA
3/21/2011 2:19:11 PM (3436 views)

[+] Water, it's the word of the day - CHARLENE  PERRY/MD (2 replies)
3/14/2011 11:19:20 AM (3089 views)

[+] Vision Land Services - Diane O'Neill/MI (1 reply)
3/14/2011 10:32:21 AM (3279 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 8973 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:

ATTENTION CIOs, CTOs, VENDOR MANAGERS, AND SUPPLIER MANAGERS
Will Duncan 's Blog
2026/06/15
0 comments

What Is Title Insurance & Benefits
Michael Stelzer's Blog
2026/03/14
0 comments

The Source of Title - Part I: Freedom Written, Freedom Insured
Ben DuBay's Blog
2026/02/15
0 comments

Articles

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

White House Derails Signing of Bipartisan Housing Bill Backed by Real Estate and Title Industries
A bipartisan housing bill backed by builders, REALTORS® and the title insurance industry passed both chambers of C...
Experienced REALTORS® Anchor the Industry as Housing Affordability Remains Top Hurdle, New NAR Report Finds
“The real estate market has been operating under suppressed conditions for more than three years, and yet the typi...
Title Resources Group Appoints William Jaquinde as Regional Underwriting Counsel, Midwest
Title Resources Group, one of the nation's leading title insurance underwriters, is pleased to welcome William (Bill) Ja...
Mortgage Applications Increase in Latest MBA Weekly Survey
“Mortgage rates changed little over the course of last week, despite the more hawkish tone from the FOMC at its Ju...
Affordability Concerns Push New Home Sales Lower in May
“The decline in builder sentiment is consistent with our latest builder surveys,” said Bill Owens, chairman ...

Search Articles:
browse...

Classifieds

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

© 2020, Source of Title.