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Title Issue - Kevin Ahern/CT
3/5/2007 1:36:59 PM (3584 views)
Re: Title Issue - Robert Franco/OH
3/6/2007 5:24:08 PM (3048 views)

Sub-prime lenders - Kevin Ahern/CT
3/4/2007 11:23:04 AM (3642 views)
Re: Sub-prime lenders - Robert Franco/OH
3/4/2007 11:54:23 AM (5033 views)
Re: Sub-prime lenders - Kevin Ahern/CT
3/4/2007 11:59:00 AM (3181 views)
Re: Sub-prime lenders - Ben Kohnen/WI
3/4/2007 7:34:52 PM (3243 views)
Re: Sub-prime lenders - DEED RESEARCH INC./NE
3/21/2007 4:00:52 PM (3201 views)

Info on Fleet Abstracts, INC ? ? - george Hubka/MI
3/3/2007 3:47:39 PM (2907 views)
Re: Info on Fleet Abstracts, INC ? ? - Austin Whitaker/NJ
3/4/2007 12:01:02 AM (3307 views)

iMortgage Services - Brad McCollom/IN
3/2/2007 6:41:23 PM (2565 views)
Re: iMortgage Services - Scott Perry/PA
3/3/2007 11:49:03 AM (3164 views)
Re: iMortgage Services - Bobbi Shorthouse, Notary Public/CT
3/5/2007 12:28:07 PM (3334 views)
Re: iMortgage Services - Vikki Moffitt/GA
3/5/2007 3:16:56 PM (3232 views)

Eclipse payments - Wayne Schutt II/NY
3/2/2007 8:20:00 AM (2843 views)
Re: Eclipse payments - Kevin Ahern/CT
3/2/2007 8:29:38 AM (3430 views)
Re: Eclipse payments - Robb Grandon/OH
3/2/2007 9:38:28 AM (3314 views)
Re: Eclipse payments - Kevin Ahern/CT
3/2/2007 9:55:37 AM (3328 views)
Re: Eclipse payments - Wayne Schutt II/NY
3/2/2007 2:42:07 PM (3273 views)
Re: Eclipse payments - Wayne Schutt II/NY
3/2/2007 2:10:19 PM (3265 views)
Re: Eclipse payments - Kevin Ahern/CT
3/2/2007 4:48:06 PM (3267 views)
Re: Eclipse payments- Bank loan???? - george Hubka/MI
3/2/2007 8:34:04 PM (3261 views)
Re: Eclipse payments- Bank loan???? - Wayne Schutt II/NY
3/3/2007 5:00:47 PM (3301 views)
Re: Eclipse payments - Wayne Schutt II/NY
3/3/2007 4:45:49 PM (3206 views)
Re: Eclipse payments - Kevin Ahern/CT
3/3/2007 6:07:21 PM (3252 views)
Re: Eclipse payments - Scott Perry/PA
3/3/2007 11:22:19 PM (3229 views)
Re: Eclipse payments - Kevin Ahern/CT
3/4/2007 3:35:26 AM (3156 views)
Re: Eclipse payments - george Hubka/MI
3/4/2007 9:16:28 AM (3189 views)
Re: Eclipse payments - Scott Perry/PA
3/4/2007 2:32:54 PM (3212 views)
Re: Eclipse payments - Scott Perry/PA
3/4/2007 2:21:26 PM (3078 views)
Re: Eclipse payments - Kevin Ahern/CT
3/4/2007 2:32:32 PM (3181 views)
Re: Eclipse payments - Scott Perry/PA
3/4/2007 2:33:38 PM (3214 views)
Re: Eclipse payments - Kevin Ahern/CT
3/4/2007 3:01:34 PM (3364 views)
Re: Eclipse payments - Scott Perry/PA
3/4/2007 8:30:48 PM (3258 views)
Re: Eclipse payments - Kevin Ahern/CT
3/5/2007 11:16:26 AM (3436 views)
Re: Eclipse payments - Scott Perry/PA
3/5/2007 11:26:10 AM (3423 views)
Re: Eclipse payments - Patrick Tarr/NE
3/7/2007 12:36:24 PM (3067 views)
I, for one, am perfectly happy having Kevin be my spokesperson on an issue such as this.  All he did was ask a perfectly reasonable, legitimate question.  I think this is most definately the proper forum for companies, especially newer ones, to state their exact payment policies.  I am tired of "manning up" and calling companies in private, only to be lied to.  Six different people can call the same company six different times and be given six different answers.  It would be nice for companies to post here so that everyone is being told the same thing.  

It certainly seems like Wayne is being very forthright and has the best intentions.  I have no reason to doubt him and I personally believe he intends to do his very best to make sure we are taken care of.  

That being said, there are two seeds of doubt that I am sure most of us have:

The first is that he had a relationship with a company that has had numerous payment issues.  He has acknowledged this and has stated that he wants to do things better so that never happens with his company.  I admire and respect that of him.  As I stated, I have no reason to doubt him.  I dont think he should have to pay for "the sins of the father", so to speak.  So this doesnt really bother me.

The second aspect is that it is a relatively new business.  I think this aspect is at the heart of Kevin's question.  When dealing with a new business, I would like to know how good of a footing they are on.  When I started out, I knew that I had to be able to pay my bills for a few months before I could count on being paid.  This is the question for Eclipse.  Do they have a financial reserve at start up to pay their bills, regardless of whether their clients have paid them?  Or are they just paying as they get paid?  If it is the latter, then their company is a house of cards just waiting to collapse. If this is the case, then it wouldnt matter what Wayne's intentions are, because it is out of his hands.  All it would take is one of his clients to slow-pay or no-pay him and it would start a chain reaction.  This is what Kevin is trying to find out- for all of us.  No one is attacking Wayne.  I would be more than willing to give Wayne a chance if I can find out that I will get paid no matter what-- even if his clients stiff him-- within 30 days.  And no, I am not going to call and ask personally.  Any answer to a business question that someone can say to me personally can be answered in his forum, so that we all know we are getting the same answer.  

 I do feel for Wayne.  Starting up a business in this environment is tough.  So many of us have had problems recently it has made us jaded and guarded.  I am now to the point that I would rather just get by with a few rock-solid clients than over-extend myself with clients I may never get paid from.  A couple of years ago it was no big deal waiting an extra 30 days or writing off an order here or there.  There was more volume and the bottom line was still pretty good.  Now too many clients have been taking advantage of that "extra 30 days" or simply not paying until they are damn good and ready, if at all, and it is getting to be a pretty good-sized piece of the pie!  The mortgage company, utilities, credit card companies, etc.,  wont give me an extra 30 days without charging me a bunch of fees.  My bank wont let me write bad checks just because I say I will pay them back in 30 days.  Yet we are expected to continually front our time and money with little or no guarantee that we will ever get paid, while constantly being pressured to lower (or at least not raise) our fees.

So if Kevin, or anyone else,  wants to question a company about it's payment policies, etc., I will stand with them and wait for an answer.  Any good company should have no problem coming on this message board and explaining themselves, in full, for the whole community to see.  After all, WE are the ones that stand to lose out.  WE are the ones who put money out of our pockets first.  WE are the ones financing these companies.  WE are entitled to answers! 

 

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Re: Eclipse payments - Robert Franco/OH
3/7/2007 12:41:39 PM (3089 views)
Re: Eclipse payments - Patrick Tarr/NE
3/7/2007 2:28:52 PM (3083 views)
Re: Eclipse payments - Robert Franco/OH
3/7/2007 3:26:42 PM (2976 views)
Re: Eclipse payments - Scott Perry/PA
3/7/2007 2:08:12 PM (3110 views)
Re: Eclipse payments - Patrick Tarr/NE
3/7/2007 3:47:43 PM (3015 views)
Re: Eclipse payments - Deborah Manion/VA
3/4/2007 5:09:44 PM (3168 views)
Re: Eclipse payments - Scott Perry/PA
3/4/2007 8:33:44 PM (3070 views)
Re: Eclipse payments - J Nisonger/CA
3/9/2007 9:20:39 PM (4787 views)
Re: Eclipse payments - george Hubka/MI
3/26/2007 5:48:03 PM (2963 views)
Re: Eclipse payments - J Nisonger/CA
3/26/2007 6:20:00 PM (2913 views)
Re: Eclipse payments - Sandra Morton/KS
3/5/2007 9:15:07 AM (3234 views)


Real Title Services


E-mail mistakes you don't want to make. - Ethics/OH
3/1/2007 4:42:02 PM (3514 views)
Re: E-mail mistakes you don't want to make. - Wayne Schutt II/NY
3/2/2007 2:47:45 PM (2953 views)

Texas AG abatement - Robert Franco/OH
3/1/2007 4:40:40 PM (2366 views)
Re: Texas AG abatement - Kelli Gorman/TX
3/2/2007 11:41:56 AM (2863 views)

Legislative CALL TO ACTION re Attorney General opinion on public records - David Bloys/TX
2/28/2007 1:21:12 AM (2919 views)

non payers - Hannah McGinnis/IN
2/27/2007 10:51:54 PM (2436 views)
Re: non payers - Jay Duncan/MO
2/27/2007 11:44:03 PM (5002 views)
Re: non payers - Kevin Ahern/CT
2/28/2007 6:36:06 AM (3200 views)

Texas Atty Gen, Greg Abbott - Jan Forster/NC
2/27/2007 7:42:49 PM (1873 views)

Resource/Clear Tract - Dorothy Payne/NY
2/27/2007 5:53:30 PM (2409 views)
Re: Resource/Clear Tract - Philip Cotugno/MA
2/28/2007 5:40:18 AM (3008 views)
Re: Resource/Clear Tract - Jessica Talley/NJ
3/5/2007 7:18:25 AM (2953 views)
Re: Resource/Clear Tract - Dorothy Payne/NY
3/6/2007 9:25:35 PM (2723 views)
Re: Resource/Clear Tract - george Hubka/MI
3/7/2007 7:24:30 PM (2744 views)

Eclipse Title - Hannah McGinnis/IN
2/27/2007 2:17:04 PM (2319 views)
Re: Eclipse Title - Scott Perry/PA
2/27/2007 4:23:53 PM (2921 views)

Patriot Title LLC - Joseph Hess/PA
2/27/2007 11:31:03 AM (2078 views)

Expert Analyzes Impact of Texas AG's Opinion - David Bloys/TX
2/27/2007 12:41:37 AM (2954 views)

No Pay - Crystal Abstractors - Glenda Hodge/TN
2/26/2007 11:24:34 PM (2413 views)
Re: No Pay - Crystal Abstractors - Terri Langert/CA
2/27/2007 1:16:52 PM (3017 views)
Re: No Pay - Crystal Abstractors - Glenda Hodge/TN
2/28/2007 2:48:11 AM (2855 views)


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