AbstractorPro (Real Title Services)
Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


Discussion
<< get older messagesget newer messages >>
to post a message: login - or - register | search messages | show all replies



[+] New member of Phoenix Document Service! - Kurt deVries/FL (10 replies)
10/17/2005 4:50:18 PM (3098 views)

[+] LENDERS SERVICES DIRECT TULSA, OK - Becky Kale/IL (4 replies)
10/17/2005 2:22:31 PM (3035 views)

[+] Okay, another question. - Tammy Knight/MO (4 replies)
10/16/2005 10:18:06 PM (2946 views)

[+] Fed up! - Spencer Kinsey/AR (5 replies)
10/15/2005 12:36:11 PM (3031 views)

[+] indexing - Douglas Gallant/OH (6 replies)
10/15/2005 12:31:46 PM (2786 views)




Questions about VMC's - Donna Grady/NC
10/14/2005 10:32:19 PM (2390 views)

[+] Anyone heard of this company.... - Loretta Reed/MD (1 reply)
10/14/2005 1:16:42 PM (3013 views)

[+] A word about prices... - Robert Franco/OH (5 replies)
10/13/2005 5:40:44 PM (3251 views)

[+] Here's my rant - Loretta Reed/MD (7 replies)
10/13/2005 11:05:00 AM (2715 views)

[+] Refaxing - Danielle Nelson/WI (8 replies)
10/12/2005 2:14:31 PM (2769 views)

[-] Rant! - Tammy Knight/MO (16 replies)
10/12/2005 12:49:24 AM (2705 views)
Re: Rant! - Kurt deVries/FL
10/12/2005 2:02:22 PM (3855 views)
Re: Rant! - Robert Franco/OH
10/12/2005 3:11:23 PM (3816 views)
Re: Rant! - Scott Perry/PA
10/12/2005 6:03:33 PM (3772 views)
Re: Rant! - Kevin Ahern/CT
10/12/2005 5:06:42 PM (3824 views)

Robert has raised some excellent points. Possibly I could also offer a suggestion that has worked for me. I like to think of it as playing Texas Hold 'Em. You all know my position in this matter. So, I will not bore you with it again. I have zero tolerance for slow pay/no pay clients. They want their work done on time, and we as abstractors bend over backwards to accomodate that need. Therefore, the flip side of the coin applies, and payment is due in a timely fashion. I send them a bill, and two subsequent demands for payment. If they do not pay, I have no compunction about resorting to the legal process. This is true even if the cost of the suit is greater than the amount at issue because it is a matter of principal, and I will recover the cost in one of the other areas of my practice.

That having been said, I have found that if after you have taken reasonable steps to secure payment unsuccessfully, and you fax them a copy of an unsigned small claims/Superior Court complaint with an indication that it will be served/filed within 24 hrs...48 hrs...72 hrs...whatever convenient time unless arrangements are made to pay your bill, you will generally be successful in having your bill paid.. The exceptions are clients that are no longer in business or bankrupt. This method lets them know that things have reached a critical state, and that this is the last chance to make payment before going to the expense of litigation. It will be an expense for them also if litigation is initiated.

To date I have never been stiffed on a bill with the exception of the Bridgespan bankruptcy. There is not too much you can do if the client is bankrupt but file a proof of claim. In which case you generally receive nothing as an unsecured creditor. 

The cost of faxing the above mentioned complaint costs nothing more than the cost of a fax transmission. Most of the time your delinquent clients will be on the phone to arrange payment within the time you set prior to serving/filing the suit. However, in the event that they do not, move forward with the suit. 

to post a reply: login - or - register


Re: Rant! - LAWANDA MCMILLIAN/AR
10/12/2005 8:21:41 PM (3770 views)
Re: Rant! - Scott Perry/PA
10/12/2005 10:02:17 PM (3805 views)
Re: Rant! - Robert Franco/OH
10/13/2005 12:26:35 AM (3762 views)
Re: Rant! - Tammy Knight/MO
10/13/2005 1:22:50 AM (3789 views)
Re: Rant! - Lisa Ramsey/TX
10/14/2005 10:02:18 AM (3813 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:29:44 PM (3763 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:48:29 PM (3767 views)
Re: Rant! - Kevin Ahern/CT
10/13/2005 4:56:56 AM (3713 views)
Re: Rant! - Iris Buchman/FL
10/13/2005 4:44:01 PM (3728 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 8:06:47 AM (3698 views)
Re: Rant! - Tammy Knight/MO
10/16/2005 10:08:48 PM (3752 views)
Re: Rant! - Kevin Ahern/CT
10/17/2005 8:21:44 AM (3719 views)

[+] Erevna? - Tammy Knight/MO (2 replies)
10/12/2005 12:28:49 AM (2762 views)

[+] United Document Services of East Northport - JENNIFER HOLZMAN/PA (1 reply)
10/11/2005 1:24:41 PM (2671 views)

Abstractor Educational Workshops!!! - Jay Duncan/MO
10/7/2005 8:06:03 AM (3256 views)

[+] Are you going to vote? - Jay Duncan/MO (1 reply)
10/7/2005 8:03:07 AM (2392 views)


<< get older messagesget newer messages >>

DISCLAIMER: These Message Forums are un-moderated and Source of Title does not endorse the content of any of the posts. Source of Title discourages libelous comments and you, as the sole creator of the content, take full responsibility for your remarks.
Directory

The Source of Title Business directory has 8923 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Unveiling the Costs: Why Commercial Title Searches Command a Premium
Security American's Blog
2024/04/17
0 comments

Protecting Your Home: The Ins and Outs of Deed Theft and How to Shield Yourself
Security American's Blog
2024/03/21
0 comments

Exploring the Implications of Eliminating Mandatory Title Insurance
Security American's Blog
2024/03/11
0 comments

Articles

Source of Title articles help to keep you informed on the state of the title industry.

Existing-Home Sales Edged Lower by 0.7% in May as Median Sales Price Reached Record High of $419,300
"Home prices reaching new highs are creating a wider divide between those owning properties and those who wish to be fir...
Housing Starts Retreat in May
“Overall lower housing production correspond with our latest industry surveys, which show builders are concerned w...
ALTA Reports Q1 2024 Title Insurance Premium Volume
The title insurance industry generated $3.35 billion in title insurance premiums during the first quarter of 2024 compar...
Stewart Title National Commercial Services Launches New Dedicated Hospitality Group
“The creation of our National Hospitality Group represents the latest offering of highly specialized focus and ser...
Fathom Holdings' Subsidiary, Verus Title, Expands Footprint in Utah, Colorado, and Virginia through the Addition of LW Traveling Title
Verus Title, a wholly owned subsidiary of Fathom Holdings Inc., a national, technology-driven, end-to-end real estate se...

Search Articles:
browse...

Classifieds

Buy, sell, or trade! Browse the ads or post your own!

LOCAL SEARCHERS (PA& EVERYWHERE)-WE PAY
June 04 2024
We are an AMERICAN production and marketplace company, working with most of the major underwriters and Seeking LOCAL independant title searcher(s) for regular work in the following PA counties:
Huntingdon
Mifflin
Juniata
Greene
Warren
Cameron...[more info]


link
email
© 2020, Source of Title.