But Alix,
I thought that some VMC's are issuing Policies and/or Committments of some sort, especially if they were set up to work for a particular lender. For example, Home Connects did the work for GMAC.. I wonder if it would make a difference if all of the abstracting companies owed got together to demand payment and then either filed suit or contacted their underwriter. If I was their underwriter and saw a bunch of people owed money.. especially if Ameristar is collecting from their customers, it sure would give me pause!
I sure hope that Ameristar stays afloat until they pay all of the Abstractors, though! From some of the comments I've read, it seems that this is the way that Ameristar has always done business. If so, shame on them! It seems as if they are still sending out searches (and I can't imagine who's working for them..), and maybe we just have to yell and scream til we're paid.
I wonder.. is there anyone out there who had NOT had an issue with payments? If so, can you pass on the secret of receiving a timely payment from them?? <g>
Michelle
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