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[+] Kansas Abstractors, help? - Kansas Abstractor/KS (1 reply)
1/17/2008 9:59:49 PM (2614 views)

[+] NALTEA Conference Starts Tomorrow - Jay Duncan/MO (2 replies)
1/17/2008 5:09:29 PM (2352 views)

[+] Solicitation -- state of the industry & 2008 - MX/CO (6 replies)
1/16/2008 1:42:56 AM (2681 views)

[+] Navy Federal Settlement Services - Wendi See/SC (6 replies)
1/15/2008 8:46:17 PM (4049 views)

[+] Liberty Bell Agency (Pennsylvania) New Requirements - David Kaul/PA (1 reply)
1/14/2008 11:31:18 PM (2721 views)


Real Title Services


[+] National Document Retrieval - arlene nelson/NY (8 replies)
1/14/2008 12:50:29 PM (2905 views)

[+] anthony muzio - arlene nelson/NY (7 replies)
1/14/2008 12:39:54 PM (3626 views)

Plymouth Exchange Mortgage Corp - Dexter Jung/TX
1/14/2008 8:53:54 AM (3252 views)

[+] What are the odds of a Recession - STEVE MEINECKE/TN (1 reply)
1/13/2008 12:29:29 PM (3611 views)

[+] How I deal with late payers - Ronda Roaring/NY (4 replies)
1/11/2008 2:14:54 PM (2725 views)

[-] Cresent Title Agency - Theresa Ritz/WV (7 replies)
1/11/2008 10:42:41 AM (2783 views)
Re: Cresent Title Agency - Chris Thomas/OH
1/14/2008 12:17:45 AM (2689 views)
They owe me money also Theresa.  I talked to one of their employees in early October and he indicated that they were, "going through some tough times" and told me to "hang in there and they would try to get back on their feet again soon."  Obviously I didn't ask the right questions though, and he didn't mention that they were closing during our conversation. 

I drove by their office during business hours in late November and it was locked and dark inside.  Upon a glance in the window, a few boxes with what appeared to be phone equipment were the only remaining items. 

Until mid '07, they were my #1 client for years; easy to work with and always paid on time.  Due to the fact that their phone, fax, email contacts are all shut down, I think it's safe to say that they have closed their business, if not for good, at least for now.  I hope they resurface someday or at least that their longtime employees find jobs elsewhere.  As for what they owe their examiners; I'm not getting my hopes up at this point.

It's so tricky to collect these days.  On one hand we don't want to be overbearing since the market is so competitive and "slow, but usually sure" paying clients can easily find another examiner.  On the other hand, when you've had 2 or 3 clients go out of business owing 3 or 4 month's invoices / a few thousand dollars then it becomes obvious that we were wasting valuable resources (paying employees for performing the exams, impacting vital turnaround times for paying clients, etc) for what amounted to charity to the owners of the companies who knew they were never going to pay us.  A quarter of college tuition for my child traded in for one last week at the timeshare condo on the coast for the owners of these now defunct companies is a good trade.......for them.  (sarcasm there, btw and Crescent DIDN'T do that to my company although they very well could've since they were a consistantly on time paying, trusted client for years in which case I likely would've been flexible should they have gotten 2 or 3 months behind.)  There are a lot of good suggestions in these forums re. late paying clients, however.  Having my former "#1 volume" client go under has definitely changed my personal policy for tolerating late paying clients. 

Good luck and hopefully all of us who've been examining for years will make it through.  Months?  Maybe we'll make it.  Year(s)?  I might regret learning Spanish in h/s and college rather than Hindi.  (Ugh, more sarcasm, albeit the ugly truth.)   

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Re: Cresent Title Agency - Theresa Ritz/WV
1/14/2008 5:27:23 AM (2684 views)
Re: Cresent Title Agency - Kevin Ahern/CT
1/14/2008 7:50:17 AM (2639 views)
Re: Cresent Title Agency - Chris Thomas/OH
1/14/2008 11:11:01 AM (2841 views)
Re: Cresent Title Agency - Lorrie  Todd/GA
1/14/2008 11:02:29 AM (2692 views)
Re: Cresent Title Agency - george Hubka/MI
1/22/2008 9:03:53 PM (2660 views)
Re: Cresent Title Agency - Kevin Ahern/CT
1/23/2008 11:10:24 AM (2594 views)

[+] Global Title Reporting Services - J Nisonger/CA (3 replies)
1/10/2008 2:15:33 PM (2634 views)

[+] Abstractorsearch.com - J Nisonger/CA (12 replies)
1/10/2008 2:10:29 PM (2792 views)

[+] Citigroup Coughing and Countrywide Choking - Jay Duncan/MO (13 replies)
1/8/2008 4:34:38 PM (3640 views)

Paradise Settlement Services - VIVIAN SLYKER/OH
1/8/2008 2:28:47 PM (2985 views)


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