I feel for all sides. I am a huge pro payment supporter but at least Missy is trying to be as honest as possible - at least I hope so. I have hundreds of files that never closed. We did however manage to pay the examiners. We are a small company as well and have felt the crunch more than some of the bigger title co's. I will say that Surveyors get the shaft a lot more than examiners. It is a common occurance that the survey never gets paid if the file doesn't close in Ohio. Unfortunate but it happens.
Give her a chance to see what she can do but I would still look into the proper channels of pursuing the payments, i.e. BBB complaints and a call to my attorney. Ya never know Missy may surprise you. Sounds like they are lucky to still be operating with the loss of 3 big clients.
Even if they could sell their cars and stuff the amount owed on those items more than likely exceedes the amount they will bring in with a sale. Lets get real, everyone is feeling this crunch and stuff isn't worth the material it is built with these days.
Clanci
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