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No Mortgage Modification for me! - Paula Reynolds/FL
5/10/2011 5:56:32 PM (2900 views)
Re: No Mortgage Modification for me! - Garret  Fitzgerald/VA
5/11/2011 12:09:18 PM (2929 views)
Re: No Mortgage Modification for me! - john franz/NJ
5/16/2011 8:59:28 AM (2802 views)
Re: No Mortgage Modification for me! - Janis Talbot/SC
5/16/2011 9:04:02 AM (2682 views)

Comment on "Another County Looks to Recover Lost Fees from MERS" - Source of Title/OH
5/10/2011 2:59:01 PM (2732 views)
MERS - Lee Holzinger/CA
5/10/2011 2:59:01 PM (4554 views)

What is Reasonable? - Carl Litchfield/SC
5/9/2011 7:54:04 PM (2887 views)
Re: What is Reasonable? - Jessica Talley/FL
5/10/2011 9:02:44 AM (2873 views)
Re: What is Reasonable? - Donna McCullough/SC
5/10/2011 9:06:42 PM (2874 views)
Re: What is Reasonable? - Kevin Ahern/CT
5/11/2011 8:27:04 AM (2884 views)

You have to be careful about assessing late charges. The law permitting them is state specific. In Connecticut you can not charge interest/ late fees unless there is a statute that permits it or you have a contract with the client that permits it.

You also have to be mindful of usuary laws in the forum state. Although I think that a commercial transaction such as you describe is not subject to these laws, it would be a good idea to consult the law of the forum state. In Connecticut usurious interest/late charges make both the principal and the late charge uncollectible.

In terms of collection...don't waste your time with collection agencies. All they can do is make threatening telephone calls which are limited by the Fair Credit Collection Act and write annoying letters. You are better off serving the client with a summons. Most of the time it is enough to get you paid, and you do not have to go to the expense of litigation. Sometimes just sending them a copy of the summons with a cover letter explaining that you will serve it if you are not paid is enough, but be prepared to follow through with serving it. There is something impressive about a marshal appearing in their place of business, flashing a badge and serving the papers.

Publishing your complaint on the internet or other media is not a good idea. It could lead to an ugly and expensive defamation or trade libel suit. While the truth of the statement is a defense, you would still have to go through the expense and aggtavation of defending yourself. By contrast the same statements that may be defamatory are covered in most states by a qualified/conditional privilege when alleged in a civil action. Statements made in court pleadings, depositions and testimony do not give rise to suits for defemation. However, the key word is qualified/conditional privilege. The privilege can be lost by over publication in the media. We had an ugly divorce case here in Connecticut a few years ago which apparently gained a high profile in the media. One of the litigants chose to publish remarks in the media while the case was pending, and lost the privilege through over publication.

 

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Re: What is Reasonable? - Carl Litchfield/SC
5/11/2011 11:31:16 AM (2826 views)
Re: What is Reasonable? - Dan Zook/NY
5/11/2011 3:08:17 PM (2805 views)
Re: What is Reasonable? - Janis Talbot
5/16/2011 9:14:12 AM (2693 views)

Comment on "Title Insurance Industry 2010 Performance-- in Graphs" - Source of Title/OH
5/7/2011 4:00:23 PM (3072 views)
Good Work! - Wyatt Bell/FL
5/7/2011 4:00:23 PM (2975 views)
Re: Good Work! - Slade Smith/OH
5/9/2011 2:46:07 PM (2826 views)

Home Prices Double Dip Down - Leigh Attridge/MA
5/6/2011 11:21:46 AM (3651 views)
Re: Home Prices Double Dip Down - Slade Smith/OH
5/6/2011 1:10:02 PM (3018 views)




Comment on "Ties Common Between Title Crimes and Out of Control Casino Gambling" - Source of Title/OH
5/4/2011 8:13:35 PM (2691 views)
Ho-Chunk? - J. H./OH
5/4/2011 8:13:35 PM (7207 views)
Re: Ho-Chunk? - James Powell/MI
5/5/2011 7:54:42 AM (8550 views)

Offering: current owners for $ 20! - MJDT/KS
5/4/2011 1:47:18 AM (3362 views)
Re: Offering: current owners for $ 20! - William Pattison /CA
5/5/2011 2:23:07 PM (3353 views)
Re: Offering: current owners for $ 20! - Garret  Fitzgerald/VA
5/10/2011 1:34:36 AM (3082 views)
Re: Offering: current owners for $ 20! - john franz/NJ
5/10/2011 9:40:16 AM (3033 views)
VENDOR Packages: Reject Them - William Pattison /CA
5/11/2011 1:36:37 PM (3009 views)
Re: VENDOR Packages: Reject Them - Paula Reynolds/FL
5/12/2011 3:03:33 PM (2811 views)
Re: VENDOR Packages: Reject Them - William Pattison /CA
5/31/2011 11:47:08 PM (3008 views)

ALTA's CEO is Chairman of the Board of MERS..? - Slade Smith/OH
5/3/2011 9:40:30 AM (2963 views)
Re: ALTA's CEO is Chairman of the Board of MERS..? - Robert Franco/OH
5/3/2011 11:10:40 AM (3145 views)
Re: ALTA's CEO is Chairman of the Board of MERS..? - john franz/NJ
5/10/2011 9:33:40 AM (2806 views)

Harvard University reports "affordability crisis for renters" - Leigh Attridge/MA
5/3/2011 8:34:15 AM (3670 views)
Re: Harvard University reports "affordability crisis for renters" - Abstractor/GA
5/3/2011 11:54:46 AM (3021 views)
Re: Harvard University reports "affordability crisis for renters" - Leigh Attridge/MA
5/3/2011 2:41:27 PM (4573 views)

Tri State Abstractions - Joyce Obrien/PA
5/2/2011 1:07:12 PM (3978 views)

New World - William Pattison /CA
5/2/2011 12:37:37 PM (3153 views)
Re: New World - Susan Grace/RI
5/2/2011 12:46:49 PM (3105 views)
Re: New World - Kevin Ahern/CT
5/2/2011 1:27:26 PM (3134 views)
Re: New World - Barbara Bennett/IN
5/2/2011 5:53:29 PM (3138 views)
Re: New World - Kevin Ahern/CT
5/2/2011 6:05:37 PM (3211 views)
Re: New World - William Pattison /CA
5/5/2011 2:31:00 PM (3063 views)

Off Shore Companies - Susan Grace/RI
5/2/2011 12:26:14 PM (3275 views)
Re: Off Shore Companies - William Pattison /CA
5/2/2011 12:29:56 PM (3343 views)
Re: Off Shore Companies - Susan Grace/RI
5/2/2011 12:36:32 PM (3472 views)
Re: Off Shore Companies - Barbara Bennett/IN
5/2/2011 5:55:10 PM (3500 views)
Re: Off Shore Companies - Nils Nelson/ME
5/2/2011 7:14:39 PM (3838 views)
Re: Off Shore Companies - Chris Mabie/VA
5/10/2011 3:38:29 PM (3184 views)
Dinosaur analogy - William Pattison /CA
5/11/2011 1:43:06 PM (3815 views)
Re: Dinosaur analogy - Paula Reynolds/FL
5/12/2011 3:05:16 PM (3115 views)

"All we have are shadow markets" - BW - Dave Pelligrinelli/GA
5/1/2011 7:27:45 AM (3775 views)
Re: "All we have are shadow markets" - BW - Leigh Attridge/MA
5/1/2011 9:57:40 AM (3215 views)
Re: "All we have are shadow markets" - BW - Dave Pelligrinelli/GA
5/1/2011 10:01:41 AM (3230 views)

tornado - rude client - Jason Knowles/AL
4/29/2011 4:11:22 PM (3301 views)
Re: tornado - rude client - Kym/NJ
4/29/2011 5:26:29 PM (3492 views)
Re: tornado - rude client - Donna McCullough/SC
5/10/2011 11:46:45 PM (2993 views)
Re: tornado - rude client - Nils Nelson
4/29/2011 7:39:17 PM (3737 views)
Re: tornado - rude client - K C/NJ
4/30/2011 3:54:07 PM (3526 views)
Re: tornado - rude client - Patrick Scott/IL
4/29/2011 9:41:58 PM (3711 views)
Re: tornado - rude client - Brenda Palmer/TN
5/2/2011 3:54:53 AM (3733 views)
Re: tornado - rude client - Kym/NJ
5/2/2011 9:39:04 AM (3804 views)
Re: tornado - rude client - Teri Carro/DE
5/3/2011 10:25:22 AM (3361 views)
MISUNDERSTANDING & further apology - Kym/NJ
5/3/2011 5:00:51 PM (3636 views)
Re: MISUNDERSTANDING & further apology - James Toney/MS
5/6/2011 12:14:59 AM (3544 views)

Pricing - Aaron Thorpe/NY
4/29/2011 3:48:24 PM (3199 views)
Re: Pricing - Nils Nelson/ME
4/29/2011 7:32:12 PM (3443 views)
Re: Pricing - Aaron Thorpe/NY
5/2/2011 2:23:31 PM (3286 views)
Raise Prices - William Pattison 
5/2/2011 12:28:09 PM (3328 views)
Re: Raise Prices - Aaron Thorpe/NY
5/2/2011 2:30:15 PM (3150 views)
Re: Pricing - Thomas Rance/PA
5/3/2011 8:04:18 AM (3249 views)
Advice on Operations - William Pattison /CA
5/9/2011 3:42:48 PM (3109 views)


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