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Here's my rant - Loretta Reed/MD
10/13/2005 11:05:00 AM (3017 views)
Re: Here's my rant - Iris Buchman/FL
10/13/2005 4:50:59 PM (5128 views)
Re: Here's my rant - Kurt deVries/FL
10/14/2005 9:36:24 AM (5140 views)
Re: Here's my rant - Jay Duncan/MO
10/14/2005 1:44:49 PM (5137 views)
Re: Here's my rant - Matt Papsch/MD
10/13/2005 5:35:02 PM (5097 views)
Re: Here's my rant - Loretta Reed/MD
10/14/2005 11:47:19 AM (5313 views)
Re: Here's my rant - Robert Franco/OH
10/14/2005 12:12:08 PM (5106 views)
Re: Here's my rant - Wendi See/SC
10/15/2005 10:24:17 PM (5077 views)

Refaxing - Danielle Nelson/WI
10/12/2005 2:14:31 PM (3055 views)
Re: Refaxing - STEVE MEINECKE/VA
10/12/2005 3:00:22 PM (5041 views)
Re: Refaxing - Robert Franco/OH
10/12/2005 3:28:29 PM (8585 views)
Re: Refaxing - Larry Crooks/OH
10/13/2005 8:45:13 AM (5045 views)
Re: Refaxing - Danielle Nelson/WI
10/13/2005 11:38:05 AM (5752 views)
Re: Refaxing - Lisa Ramsey/TX
10/14/2005 9:55:23 AM (5070 views)
Re: Refaxing - Kelly Chamblee/OH
10/13/2005 1:37:01 PM (4990 views)
Re: Refaxing - Robert Franco/OH
10/13/2005 2:38:26 PM (5019 views)
Re: Refaxing - Susan Matson/MN
10/17/2005 9:31:57 AM (5374 views)

Rant! - Tammy Knight/MO
10/12/2005 12:49:24 AM (2982 views)
Re: Rant! - Kurt deVries/FL
10/12/2005 2:02:22 PM (4858 views)
Re: Rant! - Robert Franco/OH
10/12/2005 3:11:23 PM (4803 views)

Excellent topic for discussion...  It is unfortunate that abstractors do not have an efficient course of action when clients fail to make payments.   There are several options, but they all have some level of difficulty or risk associated with them.

LEGAL ACTION - As Kevin Ahern has pointed out, the law provides for remedies in such cases.  However, the legal fees associated often make the use of the court system cost prohibitive.  Even if you win, you are still in a position of having to expend further efforts collecting on a judgment.

COLLECTION AGENCIES - This often is unsatisfying because even if the collection agency is successful, they are going to take a large portion of the amount collected.  Sometimes, collection agencies offer services with up-front fees that could be wasted if payment is not obtained.

RANSOM - Some abstractors have held work hostage for payment of delinquent accounts.  This can be risky.  In the case where the abstractor holds a filing, if an intervening lien is filed while the abstractor is holding the documents I would imagine that there would be some liability involved.  This also affects the borrower, or homeowner, and not just the client.  I never recommend holding filings - either file them or return them to the client immediately.  Holding new search orders is not as risky in this regard, as long as you let the client know that you are not completing the order until their account is paid, however, they are likely to cancel the order and place it elsewhere; which is ineffective in trying to collect a delinquent account.

PUBLIC POSTING OF NON-PAYMENT - This is what has been referred to in the previous post by Tammy.  It costs the abstractor nothing, and could hurt the non-paying client by making it difficult for them to find other abstractors willing to take the same risks.  It seems to have been effective, as we have seen on this forum.  However, one of these days it could spawn a lawsuit by the client for libel.  Source of Title has been threatened with lawsuits in the past for not removing these posts and I cringe every time I see one.  However, this is a public forum and Source of Title disclaims any liability for the content of the posts.  The forums are not censored and the person posting the information accepts full liability for the content.  Still, I do not encourage this type of posting. 

BLACK-LISTING - Creating lists of "dead-beat" clients has been suggested many times on this forum.  It would serve the purpose of letting other clients know what clients have a reputation of not paying their abstractors, however, there is no good way to verify the information.  We have all had clients that we have had good experiences with that others complain about, and vice versa.  Even more so than a single posting on the forum, this type of behavior could result in a lawsuit. I certainly would not be willing to participate in such a list.

Unfortunately, there is no good way to collect from a client that is just not willing to step-up and pay for the work they order.  Due to the nature of the business, abstractors are in a very weak bargaining position.  There are always going to be other abstractors willing to take on new business and accept the risk of not being paid.

Cut clients off early, before they owe too much.  Don't do any more work for them and consider it a learning experience.  If it is truly a large balance, it may be worth pursuing legal action.

I wish I had better advice... if anyone else does, please share it.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: Rant! - Scott Perry/PA
10/12/2005 6:03:33 PM (4746 views)
Re: Rant! - Kevin Ahern/CT
10/12/2005 5:06:42 PM (4794 views)
Re: Rant! - LAWANDA MCMILLIAN/AR
10/12/2005 8:21:41 PM (4752 views)
Re: Rant! - Scott Perry/PA
10/12/2005 10:02:17 PM (4791 views)
Re: Rant! - Robert Franco/OH
10/13/2005 12:26:35 AM (4778 views)
Re: Rant! - Tammy Knight/MO
10/13/2005 1:22:50 AM (4758 views)
Re: Rant! - Lisa Ramsey/TX
10/14/2005 10:02:18 AM (4805 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:29:44 PM (4742 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:48:29 PM (4751 views)
Re: Rant! - Kevin Ahern/CT
10/13/2005 4:56:56 AM (4687 views)
Re: Rant! - Iris Buchman/FL
10/13/2005 4:44:01 PM (4706 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 8:06:47 AM (4674 views)
Re: Rant! - Tammy Knight/MO
10/16/2005 10:08:48 PM (4738 views)
Re: Rant! - Kevin Ahern/CT
10/17/2005 8:21:44 AM (5109 views)

Erevna? - Tammy Knight/MO
10/12/2005 12:28:49 AM (3079 views)
Re: Erevna? - Tammy Knight/MO
10/12/2005 12:29:48 AM (4671 views)
Re: Erevna? - Becky Kale/IL
10/17/2005 2:15:26 PM (4989 views)

United Document Services of East Northport - JENNIFER HOLZMAN/PA
10/11/2005 1:24:41 PM (2972 views)
Re: United Document Services of East Northport - Scott Perry/PA
10/11/2005 7:24:54 PM (4706 views)




Abstractor Educational Workshops!!! - Jay Duncan/MO
10/7/2005 8:06:03 AM (3564 views)

Are you going to vote? - Jay Duncan/MO
10/7/2005 8:03:07 AM (2685 views)
Re: Are you going to vote? - Robert Franco/OH
10/7/2005 3:44:19 PM (4545 views)

WORKING CONDITIONS - Scott Perry/PA
10/6/2005 11:33:25 PM (2930 views)
Re: WORKING CONDITIONS - Lou Legaspi/IL
10/7/2005 7:30:22 AM (4606 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/7/2005 7:39:40 AM (4470 views)
Re: WORKING CONDITIONS - monica froese/ME
10/7/2005 9:20:14 PM (4556 views)
Re: WORKING CONDITIONS - Kelli Gorman/TX
10/10/2005 10:32:58 PM (4489 views)
Re: WORKING CONDITIONS - george Hubka/MI
10/7/2005 10:37:13 PM (4605 views)
Re: WORKING CONDITIONS - Helene/GA
10/8/2005 12:36:52 AM (4459 views)
Re: WORKING CONDITIONS - Anne Gilbert/VT
10/8/2005 7:29:57 AM (4522 views)
Re: WORKING CONDITIONS - Kelli Gorman/TX
10/10/2005 10:34:58 PM (4555 views)
Re: WORKING CONDITIONS - David Jenkins/PA
10/9/2005 4:51:44 PM (4477 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/9/2005 6:41:11 PM (4432 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/10/2005 3:31:03 PM (4455 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 9:01:36 PM (4434 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/10/2005 9:45:44 PM (4358 views)
Re: WORKING CONDITIONS - David Bloys/TX
10/10/2005 11:03:28 PM (4400 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 11:15:25 PM (4319 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 11:13:11 PM (4239 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 10:57:24 AM (4327 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/11/2005 9:49:57 PM (4212 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 11:14:15 PM (4226 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 12:03:15 AM (4225 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/12/2005 9:01:09 AM (4221 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 9:59:41 PM (4273 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/13/2005 9:39:27 AM (4096 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/13/2005 10:43:45 AM (4076 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/13/2005 6:27:31 PM (4112 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/14/2005 9:10:26 PM (4125 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/14/2005 11:38:36 PM (4182 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/15/2005 2:17:00 PM (4233 views)
Re: WORKING CONDITIONS - george Hubka/MI
10/11/2005 9:09:22 PM (4535 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 10:50:27 PM (4170 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/11/2005 11:29:28 PM (4216 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/12/2005 8:46:58 AM (4173 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/11/2005 1:20:16 PM (4335 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 7:38:19 AM (4195 views)

ATA - Iris Buchman/FL
10/6/2005 1:17:26 AM (2910 views)
Re: ATA - Kurt deVries/FL
10/6/2005 11:21:11 AM (4508 views)
Re: ATA - Iris Buchman/FL
10/6/2005 4:09:20 PM (4523 views)
Re: ATA - Anne Gilbert/VT
10/7/2005 6:18:04 AM (4510 views)
Re: ATA - Iris Buchman/FL
10/7/2005 8:08:38 AM (4357 views)
Re: ATA - michelle foskey/GA
10/24/2005 2:05:34 PM (4548 views)

Be Clear with your Client - Wanda Steudel/OH
10/5/2005 5:13:39 PM (2716 views)
Re: Be Clear with your Client - David Bloys/TX
10/5/2005 5:36:10 PM (4230 views)
Re: Be Clear with your Client - Scott Perry/PA
10/5/2005 7:17:55 PM (4317 views)
Re: Be Clear with your Client - David Bloys/TX
10/5/2005 8:26:52 PM (5867 views)
Re: Be Clear with your Client - Scott Perry/PA
10/5/2005 10:30:11 PM (4398 views)
Re: Be Clear with your Client - Kurt deVries/FL
10/6/2005 11:25:11 AM (4336 views)
Re: Be Clear with your Client - Robert Franco/OH
10/6/2005 11:38:24 AM (4244 views)
Re: Be Clear with your Client - Wanda Steudel/OH
10/6/2005 1:02:20 PM (4287 views)
Re: Be Clear with your Client - Larry Crooks/OH
10/10/2005 5:01:33 PM (4205 views)

2005 Independent Examiner Report Weekend Interviews - Jarrod Clabaugh/OH
10/4/2005 11:12:02 AM (2328 views)

PLAT MAPS? - Rebecca Barney/FL
10/4/2005 9:24:49 AM (2893 views)
Re: PLAT MAPS? - Julie Jasiunas/WI
10/4/2005 9:33:53 AM (4414 views)
Re: PLAT MAPS? - David Bloys/TX
10/4/2005 11:24:48 AM (4289 views)
Re: PLAT MAPS? - Rebecca Barney/FL
10/4/2005 11:32:32 AM (4262 views)
Re: PLAT MAPS? - Danielle Nelson/WI
10/4/2005 12:14:21 PM (4234 views)
Re: PLAT MAPS? - george Hubka/MI
10/4/2005 11:08:16 PM (4328 views)
Re: PLAT MAPS? - Helene/GA
10/4/2005 11:31:56 PM (4212 views)
Re: PLAT MAPS? - Lisa Ramsey/TX
10/4/2005 11:46:46 PM (4242 views)
Re: PLAT MAPS? - Robert Franco/OH
10/5/2005 12:37:04 AM (4288 views)
Re: PLAT MAPS? - Helga Hinck/NH
10/5/2005 12:02:56 PM (4255 views)
Re: PLAT MAPS? - Robert Franco/OH
10/5/2005 12:08:45 PM (4264 views)
Re: PLAT MAPS? - LAWANDA MCMILLIAN/AR
10/5/2005 3:25:11 PM (4218 views)
Re: PLAT MAPS? - Douglas Gallant/OH
10/5/2005 5:13:32 PM (4174 views)
Re: PLAT MAPS? - Matthew DeLand/NY
10/7/2005 9:46:53 AM (4306 views)
Re: PLAT MAPS? - STEVE MEINECKE/VA
10/14/2005 9:53:38 PM (4087 views)

Hello - Ricky Farrow/FL
10/3/2005 7:30:38 PM (2325 views)

Resolution to India Call - Jason Sheppard/PA
10/3/2005 11:55:48 AM (2735 views)
Re: Resolution to India Call - Jason Sheppard/PA
10/5/2005 11:04:09 AM (4144 views)

First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:10:57 AM (2915 views)
Re: First Title & Escrow (Info) ??? - Danielle Nelson/WI
10/3/2005 2:10:52 PM (4607 views)
Re: First Title & Escrow (Info) ??? - Norean Cashwell/GA
10/3/2005 7:41:05 PM (4422 views)
Re: First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:25:01 PM (4468 views)
Re: First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:22:05 PM (4533 views)
Re: First Title & Escrow (Info) ??? - Norean Cashwell/GA
10/3/2005 9:12:45 PM (4420 views)
Re: First Title & Escrow (Info) ??? - Danielle Nelson/WI
10/4/2005 12:10:20 PM (4349 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/4/2005 2:02:14 PM (4291 views)
Re: First Title & Escrow (Info) ??? - Robert Franco/OH
10/4/2005 4:53:34 PM (4311 views)
Re: First Title & Escrow (Info) ??? - Kevin Ahern/CT
10/4/2005 5:45:57 PM (4245 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/4/2005 7:31:21 PM (4221 views)
Re: First Title & Escrow (Info) ??? - Kevin Ahern/CT
10/5/2005 6:27:19 AM (4249 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/5/2005 10:43:11 AM (4219 views)
Re: First Title & Escrow (Info) ??? - Charles Chen/MD
1/12/2006 11:43:59 AM (3838 views)
Re: First Title & Escrow (Info) ??? - James Smith/CA
3/8/2006 3:58:27 PM (3830 views)


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