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Title Assurance & Indemnity Corp. of NA Cleveland, OH - MIchael Lanin/KY
2/3/2009 1:01:36 PM (2550 views)

[+] The Law Firm of Crystal Lowery - Edward Huguenin/SC (4 replies)
2/1/2009 8:20:52 AM (3699 views)

[+] What is considered slow pay? - no name/MI (2 replies)
1/30/2009 12:50:38 PM (3302 views)

[+] Probate Question - Helene /GA (7 replies)
1/29/2009 11:50:27 PM (3175 views)

[+] Preview of Coming Attractions? - Scott Perry/PA (11 replies)
1/29/2009 10:53:59 PM (4933 views)




[+] The Bankruptcy Club - AbstractorWatchdog com/NY (8 replies)
1/29/2009 2:56:14 PM (3533 views)

[+] MONEY OWED - quinn cioffi/PA (2 replies)
1/28/2009 2:38:15 PM (3556 views)

New Real Estate Numbers Are Out - AbstractorWatchdog com/NY
1/28/2009 2:25:36 PM (4351 views)

[+] Snow Day! - Robert Franco/OH (13 replies)
1/28/2009 12:39:37 PM (3153 views)

[+] NALTEA - AbstractorWatchdog com/NY (2 replies)
1/28/2009 12:13:09 PM (3009 views)

Buckeye Land Abstract - Sybil East/GA
1/27/2009 12:54:18 PM (3354 views)

Another NON-Payer - Kurt deVries/FL
1/27/2009 12:19:30 PM (2993 views)

[+] Title Insurance - AbstractorWatchdog com/NY (3 replies)
1/27/2009 10:54:55 AM (3268 views)

[+] Infotrack Information Services - Edward Huguenin/SC (3 replies)
1/27/2009 7:12:47 AM (3405 views)

[-] gdocs / Boondocs BK info - george Hubka/MI (6 replies)
1/23/2009 10:49:37 PM (3395 views)
Re: gdocs / Boondocs BK info - Steve /NY
2/3/2009 10:29:32 AM (3971 views)
Re: gdocs / Boondocs BK info - Kevin Ahern/CT
2/3/2009 11:07:18 AM (3900 views)

Your biggest mistake was not insisting on having the date of payment written on the search order she sent you. The second mistake you made is delaying collection.

When you have the date of payment written on the search order it becomes evidence of the agreed intent to make timely payment. When you make demand for payment, and confront them with their own stated date of payment ... it becomes very difficult for them to argue otherwise. I run into this scenario quite often with closings, and it always works...especially when you back it up by informing them of your intent to initiate litigation  with a prejudgment remedy (Connecticut Law) garnishing their receivables from their clients.

Delaying collection especially in this economy only gives them an opportunity to dissipate any funds they have available to pay you.

Their waiting to be paid in order to pay you is not a valid defense unless payment to you was conditioned upon their receipt of payment first.

Your loss. You should have been more assertive. Maybe it is not too late.

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Re: gdocs / Boondocs BK info - Patrick/NY
2/3/2009 11:16:12 AM (3797 views)
Re: gdocs / Boondocs BK info - Kevin Ahern/CT
2/3/2009 11:44:57 AM (4032 views)
Re: gdocs / Boondocs BK info - Patrick/NY
2/3/2009 12:10:34 PM (3799 views)
Re: gdocs / Boondocs BK info - Marian Littleton/VA
3/4/2009 11:35:26 AM (3774 views)


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