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Rant! - Tammy Knight/MO
10/12/2005 12:49:24 AM (3172 views)
Re: Rant! - Kurt deVries/FL
10/12/2005 2:02:22 PM (5462 views)
Re: Rant! - Robert Franco/OH
10/12/2005 3:11:23 PM (5523 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 (5385 views)
Re: Rant! - Kevin Ahern/CT
10/12/2005 5:06:42 PM (5420 views)
Re: Rant! - LAWANDA MCMILLIAN/AR
10/12/2005 8:21:41 PM (5419 views)
Re: Rant! - Scott Perry/PA
10/12/2005 10:02:17 PM (5403 views)
Re: Rant! - Robert Franco/OH
10/13/2005 12:26:35 AM (5435 views)
Re: Rant! - Tammy Knight/MO
10/13/2005 1:22:50 AM (5412 views)
Re: Rant! - Lisa Ramsey/TX
10/14/2005 10:02:18 AM (5426 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:29:44 PM (5292 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:48:29 PM (5342 views)
Re: Rant! - Kevin Ahern/CT
10/13/2005 4:56:56 AM (5273 views)
Re: Rant! - Iris Buchman/FL
10/13/2005 4:44:01 PM (5336 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 8:06:47 AM (5368 views)
Re: Rant! - Tammy Knight/MO
10/16/2005 10:08:48 PM (5394 views)
Re: Rant! - Kevin Ahern/CT
10/17/2005 8:21:44 AM (5740 views)

Erevna? - Tammy Knight/MO
10/12/2005 12:28:49 AM (3268 views)
Re: Erevna? - Tammy Knight/MO
10/12/2005 12:29:48 AM (5310 views)
Re: Erevna? - Becky Kale/IL
10/17/2005 2:15:26 PM (5586 views)

United Document Services of East Northport - JENNIFER HOLZMAN/PA
10/11/2005 1:24:41 PM (3177 views)
Re: United Document Services of East Northport - Scott Perry/PA
10/11/2005 7:24:54 PM (5260 views)

Abstractor Educational Workshops!!! - Jay Duncan/MO
10/7/2005 8:06:03 AM (3751 views)

Are you going to vote? - Jay Duncan/MO
10/7/2005 8:03:07 AM (2900 views)
Re: Are you going to vote? - Robert Franco/OH
10/7/2005 3:44:19 PM (5196 views)




WORKING CONDITIONS - Scott Perry/PA
10/6/2005 11:33:25 PM (3219 views)
Re: WORKING CONDITIONS - Lou Legaspi/IL
10/7/2005 7:30:22 AM (5173 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/7/2005 7:39:40 AM (5069 views)
Re: WORKING CONDITIONS - monica froese/ME
10/7/2005 9:20:14 PM (5159 views)
Re: WORKING CONDITIONS - Kelli Gorman/TX
10/10/2005 10:32:58 PM (5119 views)
Re: WORKING CONDITIONS - george Hubka/MI
10/7/2005 10:37:13 PM (5256 views)
Re: WORKING CONDITIONS - Helene/GA
10/8/2005 12:36:52 AM (5050 views)
Re: WORKING CONDITIONS - Anne Gilbert/VT
10/8/2005 7:29:57 AM (5166 views)
Re: WORKING CONDITIONS - Kelli Gorman/TX
10/10/2005 10:34:58 PM (5182 views)
Re: WORKING CONDITIONS - David Jenkins/PA
10/9/2005 4:51:44 PM (5039 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/9/2005 6:41:11 PM (5058 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/10/2005 3:31:03 PM (5130 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 9:01:36 PM (5037 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/10/2005 9:45:44 PM (5005 views)
Re: WORKING CONDITIONS - David Bloys/TX
10/10/2005 11:03:28 PM (5016 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 11:15:25 PM (4918 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 11:13:11 PM (4797 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 10:57:24 AM (4967 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/11/2005 9:49:57 PM (4857 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 11:14:15 PM (4853 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 12:03:15 AM (4867 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/12/2005 9:01:09 AM (4852 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 9:59:41 PM (4867 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/13/2005 9:39:27 AM (4757 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/13/2005 10:43:45 AM (4682 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/13/2005 6:27:31 PM (4772 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/14/2005 9:10:26 PM (4755 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/14/2005 11:38:36 PM (4812 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/15/2005 2:17:00 PM (4862 views)
Re: WORKING CONDITIONS - george Hubka/MI
10/11/2005 9:09:22 PM (5108 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 10:50:27 PM (4812 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/11/2005 11:29:28 PM (4828 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/12/2005 8:46:58 AM (4782 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/11/2005 1:20:16 PM (4949 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 7:38:19 AM (4846 views)

ATA - Iris Buchman/FL
10/6/2005 1:17:26 AM (3156 views)
Re: ATA - Kurt deVries/FL
10/6/2005 11:21:11 AM (5121 views)
Re: ATA - Iris Buchman/FL
10/6/2005 4:09:20 PM (5081 views)
Re: ATA - Anne Gilbert/VT
10/7/2005 6:18:04 AM (5171 views)
Re: ATA - Iris Buchman/FL
10/7/2005 8:08:38 AM (4937 views)
Re: ATA - michelle foskey/GA
10/24/2005 2:05:34 PM (5101 views)

Be Clear with your Client - Wanda Steudel/OH
10/5/2005 5:13:39 PM (2949 views)
Re: Be Clear with your Client - David Bloys/TX
10/5/2005 5:36:10 PM (4858 views)
Re: Be Clear with your Client - Scott Perry/PA
10/5/2005 7:17:55 PM (4907 views)
Re: Be Clear with your Client - David Bloys/TX
10/5/2005 8:26:52 PM (6533 views)
Re: Be Clear with your Client - Scott Perry/PA
10/5/2005 10:30:11 PM (5011 views)
Re: Be Clear with your Client - Kurt deVries/FL
10/6/2005 11:25:11 AM (4958 views)
Re: Be Clear with your Client - Robert Franco/OH
10/6/2005 11:38:24 AM (4845 views)
Re: Be Clear with your Client - Wanda Steudel/OH
10/6/2005 1:02:20 PM (4922 views)
Re: Be Clear with your Client - Larry Crooks/OH
10/10/2005 5:01:33 PM (4867 views)

2005 Independent Examiner Report Weekend Interviews - Jarrod Clabaugh/OH
10/4/2005 11:12:02 AM (2542 views)

PLAT MAPS? - Rebecca Barney/FL
10/4/2005 9:24:49 AM (3099 views)
Re: PLAT MAPS? - Julie Jasiunas/WI
10/4/2005 9:33:53 AM (5009 views)
Re: PLAT MAPS? - David Bloys/TX
10/4/2005 11:24:48 AM (4859 views)
Re: PLAT MAPS? - Rebecca Barney/FL
10/4/2005 11:32:32 AM (4862 views)
Re: PLAT MAPS? - Danielle Nelson/WI
10/4/2005 12:14:21 PM (4796 views)
Re: PLAT MAPS? - george Hubka/MI
10/4/2005 11:08:16 PM (4931 views)
Re: PLAT MAPS? - Helene/GA
10/4/2005 11:31:56 PM (4749 views)
Re: PLAT MAPS? - Lisa Ramsey/TX
10/4/2005 11:46:46 PM (4766 views)
Re: PLAT MAPS? - Robert Franco/OH
10/5/2005 12:37:04 AM (4903 views)
Re: PLAT MAPS? - Helga Hinck/NH
10/5/2005 12:02:56 PM (4838 views)
Re: PLAT MAPS? - Robert Franco/OH
10/5/2005 12:08:45 PM (4853 views)
Re: PLAT MAPS? - LAWANDA MCMILLIAN/AR
10/5/2005 3:25:11 PM (4778 views)
Re: PLAT MAPS? - Douglas Gallant/OH
10/5/2005 5:13:32 PM (4753 views)
Re: PLAT MAPS? - Matthew DeLand/NY
10/7/2005 9:46:53 AM (4954 views)
Re: PLAT MAPS? - STEVE MEINECKE/VA
10/14/2005 9:53:38 PM (4620 views)

Hello - Ricky Farrow/FL
10/3/2005 7:30:38 PM (2485 views)

Resolution to India Call - Jason Sheppard/PA
10/3/2005 11:55:48 AM (2970 views)
Re: Resolution to India Call - Jason Sheppard/PA
10/5/2005 11:04:09 AM (4667 views)

First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:10:57 AM (3131 views)
Re: First Title & Escrow (Info) ??? - Danielle Nelson/WI
10/3/2005 2:10:52 PM (5186 views)
Re: First Title & Escrow (Info) ??? - Norean Cashwell/GA
10/3/2005 7:41:05 PM (4981 views)
Re: First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:25:01 PM (5067 views)
Re: First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:22:05 PM (5157 views)
Re: First Title & Escrow (Info) ??? - Norean Cashwell/GA
10/3/2005 9:12:45 PM (5069 views)
Re: First Title & Escrow (Info) ??? - Danielle Nelson/WI
10/4/2005 12:10:20 PM (4980 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/4/2005 2:02:14 PM (4973 views)
Re: First Title & Escrow (Info) ??? - Robert Franco/OH
10/4/2005 4:53:34 PM (4864 views)
Re: First Title & Escrow (Info) ??? - Kevin Ahern/CT
10/4/2005 5:45:57 PM (4803 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/4/2005 7:31:21 PM (4845 views)
Re: First Title & Escrow (Info) ??? - Kevin Ahern/CT
10/5/2005 6:27:19 AM (4870 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/5/2005 10:43:11 AM (4838 views)
Re: First Title & Escrow (Info) ??? - Charles Chen/MD
1/12/2006 11:43:59 AM (4502 views)
Re: First Title & Escrow (Info) ??? - James Smith/CA
3/8/2006 3:58:27 PM (4443 views)

OUr New WebSite is UP!!! - Kurt deVries/FL
9/30/2005 12:53:40 PM (2959 views)
Re: OUr New WebSite is UP!!! - J Nisonger/CA
9/30/2005 1:03:55 PM (4985 views)
Re: OUr New WebSite is UP!!! - Kurt deVries/FL
9/30/2005 1:25:12 PM (4971 views)
Re: OUr New WebSite is UP!!! - Robert Franco/OH
9/30/2005 1:35:45 PM (4905 views)
Re: OUr New WebSite is UP!!! - Kurt deVries/FL
9/30/2005 3:39:24 PM (4917 views)
Re: OUr New WebSite is UP!!! - Kim Cowles/WI
9/30/2005 5:53:52 PM (4919 views)
Re: OUr New WebSite is UP!!! - Kurt deVries/FL
10/4/2005 10:08:30 AM (4901 views)
Re: OUr New WebSite is UP!!! - Norean/GA
10/4/2005 5:04:16 PM (4889 views)
Re: OUr New WebSite is UP!!! - Kurt deVries/FL
10/11/2005 4:42:33 PM (4784 views)

insurance - robin clearman/IL
9/30/2005 12:12:50 PM (2939 views)
Re: insurance - J Nisonger/CA
9/30/2005 1:06:08 PM (4861 views)
Re: insurance - Robert Franco/OH
9/30/2005 1:31:14 PM (4951 views)
Re: insurance - Wanda Steudel/OH
9/30/2005 2:20:24 PM (4954 views)
Re: insurance - J Nisonger/CA
10/2/2005 5:09:38 AM (4872 views)


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