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Here's my rant - Loretta Reed/MD
10/13/2005 11:05:00 AM (3154 views)
Re: Here's my rant - Iris Buchman/FL
10/13/2005 4:50:59 PM (5582 views)
Re: Here's my rant - Kurt deVries/FL
10/14/2005 9:36:24 AM (5593 views)
Re: Here's my rant - Jay Duncan/MO
10/14/2005 1:44:49 PM (5592 views)
Re: Here's my rant - Matt Papsch/MD
10/13/2005 5:35:02 PM (5513 views)
Re: Here's my rant - Loretta Reed/MD
10/14/2005 11:47:19 AM (5710 views)
Re: Here's my rant - Robert Franco/OH
10/14/2005 12:12:08 PM (5533 views)
Re: Here's my rant - Wendi See/SC
10/15/2005 10:24:17 PM (5507 views)

Refaxing - Danielle Nelson/WI
10/12/2005 2:14:31 PM (3178 views)
Re: Refaxing - STEVE MEINECKE/VA
10/12/2005 3:00:22 PM (5383 views)
Re: Refaxing - Robert Franco/OH
10/12/2005 3:28:29 PM (8953 views)
Re: Refaxing - Larry Crooks/OH
10/13/2005 8:45:13 AM (5438 views)
Re: Refaxing - Danielle Nelson/WI
10/13/2005 11:38:05 AM (6107 views)
Re: Refaxing - Lisa Ramsey/TX
10/14/2005 9:55:23 AM (5427 views)
Re: Refaxing - Kelly Chamblee/OH
10/13/2005 1:37:01 PM (5449 views)
Re: Refaxing - Robert Franco/OH
10/13/2005 2:38:26 PM (5484 views)
Re: Refaxing - Susan Matson/MN
10/17/2005 9:31:57 AM (5735 views)

Rant! - Tammy Knight/MO
10/12/2005 12:49:24 AM (3087 views)
Re: Rant! - Kurt deVries/FL
10/12/2005 2:02:22 PM (5255 views)
Re: Rant! - Robert Franco/OH
10/12/2005 3:11:23 PM (5295 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 (5169 views)
Re: Rant! - Kevin Ahern/CT
10/12/2005 5:06:42 PM (5170 views)
Re: Rant! - LAWANDA MCMILLIAN/AR
10/12/2005 8:21:41 PM (5191 views)
Re: Rant! - Scott Perry/PA
10/12/2005 10:02:17 PM (5184 views)
Re: Rant! - Robert Franco/OH
10/13/2005 12:26:35 AM (5197 views)
Re: Rant! - Tammy Knight/MO
10/13/2005 1:22:50 AM (5162 views)
Re: Rant! - Lisa Ramsey/TX
10/14/2005 10:02:18 AM (5190 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:29:44 PM (5078 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:48:29 PM (5104 views)
Re: Rant! - Kevin Ahern/CT
10/13/2005 4:56:56 AM (5030 views)
Re: Rant! - Iris Buchman/FL
10/13/2005 4:44:01 PM (5132 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 8:06:47 AM (5129 views)
Re: Rant! - Tammy Knight/MO
10/16/2005 10:08:48 PM (5154 views)
Re: Rant! - Kevin Ahern/CT
10/17/2005 8:21:44 AM (5506 views)

Erevna? - Tammy Knight/MO
10/12/2005 12:28:49 AM (3194 views)
Re: Erevna? - Tammy Knight/MO
10/12/2005 12:29:48 AM (5085 views)
Re: Erevna? - Becky Kale/IL
10/17/2005 2:15:26 PM (5361 views)

United Document Services of East Northport - JENNIFER HOLZMAN/PA
10/11/2005 1:24:41 PM (3101 views)
Re: United Document Services of East Northport - Scott Perry/PA
10/11/2005 7:24:54 PM (5080 views)


Real Title Services


Abstractor Educational Workshops!!! - Jay Duncan/MO
10/7/2005 8:06:03 AM (3684 views)

Are you going to vote? - Jay Duncan/MO
10/7/2005 8:03:07 AM (2798 views)
Re: Are you going to vote? - Robert Franco/OH
10/7/2005 3:44:19 PM (4977 views)

WORKING CONDITIONS - Scott Perry/PA
10/6/2005 11:33:25 PM (3105 views)
Re: WORKING CONDITIONS - Lou Legaspi/IL
10/7/2005 7:30:22 AM (4938 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/7/2005 7:39:40 AM (4841 views)
Re: WORKING CONDITIONS - monica froese/ME
10/7/2005 9:20:14 PM (4916 views)
Re: WORKING CONDITIONS - Kelli Gorman/TX
10/10/2005 10:32:58 PM (4875 views)
Re: WORKING CONDITIONS - george Hubka/MI
10/7/2005 10:37:13 PM (5003 views)
Re: WORKING CONDITIONS - Helene/GA
10/8/2005 12:36:52 AM (4810 views)
Re: WORKING CONDITIONS - Anne Gilbert/VT
10/8/2005 7:29:57 AM (4903 views)
Re: WORKING CONDITIONS - Kelli Gorman/TX
10/10/2005 10:34:58 PM (4916 views)
Re: WORKING CONDITIONS - David Jenkins/PA
10/9/2005 4:51:44 PM (4798 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/9/2005 6:41:11 PM (4787 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/10/2005 3:31:03 PM (4891 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 9:01:36 PM (4795 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/10/2005 9:45:44 PM (4766 views)
Re: WORKING CONDITIONS - David Bloys/TX
10/10/2005 11:03:28 PM (4775 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 11:15:25 PM (4649 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 11:13:11 PM (4559 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 10:57:24 AM (4744 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/11/2005 9:49:57 PM (4608 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 11:14:15 PM (4627 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 12:03:15 AM (4633 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/12/2005 9:01:09 AM (4633 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 9:59:41 PM (4622 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/13/2005 9:39:27 AM (4500 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/13/2005 10:43:45 AM (4469 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/13/2005 6:27:31 PM (4538 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/14/2005 9:10:26 PM (4520 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/14/2005 11:38:36 PM (4574 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/15/2005 2:17:00 PM (4634 views)
Re: WORKING CONDITIONS - george Hubka/MI
10/11/2005 9:09:22 PM (4880 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 10:50:27 PM (4576 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/11/2005 11:29:28 PM (4575 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/12/2005 8:46:58 AM (4538 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/11/2005 1:20:16 PM (4747 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 7:38:19 AM (4598 views)

ATA - Iris Buchman/FL
10/6/2005 1:17:26 AM (3026 views)
Re: ATA - Kurt deVries/FL
10/6/2005 11:21:11 AM (4909 views)
Re: ATA - Iris Buchman/FL
10/6/2005 4:09:20 PM (4830 views)
Re: ATA - Anne Gilbert/VT
10/7/2005 6:18:04 AM (4935 views)
Re: ATA - Iris Buchman/FL
10/7/2005 8:08:38 AM (4672 views)
Re: ATA - michelle foskey/GA
10/24/2005 2:05:34 PM (4861 views)

Be Clear with your Client - Wanda Steudel/OH
10/5/2005 5:13:39 PM (2857 views)
Re: Be Clear with your Client - David Bloys/TX
10/5/2005 5:36:10 PM (4629 views)
Re: Be Clear with your Client - Scott Perry/PA
10/5/2005 7:17:55 PM (4667 views)
Re: Be Clear with your Client - David Bloys/TX
10/5/2005 8:26:52 PM (6281 views)
Re: Be Clear with your Client - Scott Perry/PA
10/5/2005 10:30:11 PM (4781 views)
Re: Be Clear with your Client - Kurt deVries/FL
10/6/2005 11:25:11 AM (4728 views)
Re: Be Clear with your Client - Robert Franco/OH
10/6/2005 11:38:24 AM (4616 views)
Re: Be Clear with your Client - Wanda Steudel/OH
10/6/2005 1:02:20 PM (4675 views)
Re: Be Clear with your Client - Larry Crooks/OH
10/10/2005 5:01:33 PM (4623 views)

2005 Independent Examiner Report Weekend Interviews - Jarrod Clabaugh/OH
10/4/2005 11:12:02 AM (2444 views)

PLAT MAPS? - Rebecca Barney/FL
10/4/2005 9:24:49 AM (3020 views)
Re: PLAT MAPS? - Julie Jasiunas/WI
10/4/2005 9:33:53 AM (4776 views)
Re: PLAT MAPS? - David Bloys/TX
10/4/2005 11:24:48 AM (4622 views)
Re: PLAT MAPS? - Rebecca Barney/FL
10/4/2005 11:32:32 AM (4635 views)
Re: PLAT MAPS? - Danielle Nelson/WI
10/4/2005 12:14:21 PM (4583 views)
Re: PLAT MAPS? - george Hubka/MI
10/4/2005 11:08:16 PM (4701 views)
Re: PLAT MAPS? - Helene/GA
10/4/2005 11:31:56 PM (4535 views)
Re: PLAT MAPS? - Lisa Ramsey/TX
10/4/2005 11:46:46 PM (4534 views)
Re: PLAT MAPS? - Robert Franco/OH
10/5/2005 12:37:04 AM (4661 views)
Re: PLAT MAPS? - Helga Hinck/NH
10/5/2005 12:02:56 PM (4609 views)
Re: PLAT MAPS? - Robert Franco/OH
10/5/2005 12:08:45 PM (4619 views)
Re: PLAT MAPS? - LAWANDA MCMILLIAN/AR
10/5/2005 3:25:11 PM (4567 views)
Re: PLAT MAPS? - Douglas Gallant/OH
10/5/2005 5:13:32 PM (4512 views)
Re: PLAT MAPS? - Matthew DeLand/NY
10/7/2005 9:46:53 AM (4700 views)
Re: PLAT MAPS? - STEVE MEINECKE/VA
10/14/2005 9:53:38 PM (4376 views)

Hello - Ricky Farrow/FL
10/3/2005 7:30:38 PM (2427 views)

Resolution to India Call - Jason Sheppard/PA
10/3/2005 11:55:48 AM (2861 views)
Re: Resolution to India Call - Jason Sheppard/PA
10/5/2005 11:04:09 AM (4439 views)

First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:10:57 AM (3044 views)
Re: First Title & Escrow (Info) ??? - Danielle Nelson/WI
10/3/2005 2:10:52 PM (4944 views)
Re: First Title & Escrow (Info) ??? - Norean Cashwell/GA
10/3/2005 7:41:05 PM (4750 views)
Re: First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:25:01 PM (4822 views)
Re: First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:22:05 PM (4928 views)
Re: First Title & Escrow (Info) ??? - Norean Cashwell/GA
10/3/2005 9:12:45 PM (4834 views)
Re: First Title & Escrow (Info) ??? - Danielle Nelson/WI
10/4/2005 12:10:20 PM (4741 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/4/2005 2:02:14 PM (4724 views)
Re: First Title & Escrow (Info) ??? - Robert Franco/OH
10/4/2005 4:53:34 PM (4609 views)
Re: First Title & Escrow (Info) ??? - Kevin Ahern/CT
10/4/2005 5:45:57 PM (4597 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/4/2005 7:31:21 PM (4557 views)
Re: First Title & Escrow (Info) ??? - Kevin Ahern/CT
10/5/2005 6:27:19 AM (4623 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/5/2005 10:43:11 AM (4586 views)
Re: First Title & Escrow (Info) ??? - Charles Chen/MD
1/12/2006 11:43:59 AM (4239 views)
Re: First Title & Escrow (Info) ??? - James Smith/CA
3/8/2006 3:58:27 PM (4179 views)


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