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1 in 3 homeowners underwater? - Garret  Fitzgerald/VA
5/11/2011 12:07:14 PM (4236 views)
Re: 1 in 3 homeowners underwater? - Robert Franco/OH
5/11/2011 12:46:53 PM (3643 views)
Re: 1 in 3 homeowners underwater? - Kevin Ahern/CT
5/11/2011 1:09:14 PM (3496 views)
Re: 1 in 3 homeowners underwater? - William Pattison /CA
5/11/2011 1:26:14 PM (3609 views)
Re: 1 in 3 homeowners underwater? - Scott Perry/PA
5/11/2011 4:44:30 PM (3760 views)
Re: Thank you... - Robert Franco/OH
5/11/2011 4:58:32 PM (3580 views)
Re: Thank you... - Scott Perry/PA
5/11/2011 5:32:35 PM (3509 views)
Re: Thank you... - Slade Smith/OH
5/11/2011 8:04:58 PM (3545 views)
Re: Thank you... - Scott Perry/PA
5/14/2011 10:40:03 AM (4987 views)
Re: Thank you... - Slade Smith/OH
5/14/2011 6:20:59 PM (3588 views)
Re: 1 in 3 homeowners underwater? - Mark Pierson/FL
5/16/2011 9:48:14 AM (3295 views)
Re: 1 in 3 homeowners underwater? - Slade Smith/OH
5/11/2011 7:50:08 PM (3524 views)
Re: 1 in 3 homeowners underwater? - Scott Perry/PA
5/14/2011 11:39:31 AM (3503 views)
Re: 1 in 3 homeowners underwater? - Kevin McCarthy/AR
5/16/2011 1:46:22 AM (3359 views)
Re: 1 in 3 homeowners underwater? - Scott Perry/PA
5/16/2011 7:15:02 AM (3392 views)
Re: 1 in 3 homeowners underwater? - Robert Franco/OH
5/16/2011 8:24:11 AM (3405 views)
Re: 1 in 3 homeowners underwater? - Janis Talbot/SC
5/16/2011 8:56:12 AM (3417 views)

Round the Clock Docs - Sandra Harold/KS
5/11/2011 11:35:38 AM (5442 views)
Re: Round the Clock Docs - Nils Nelson/ME
5/11/2011 11:45:00 AM (3930 views)
Re: Round the Clock Docs - rod hefner/KS
5/17/2011 5:11:03 PM (3723 views)
Round the Clock Docs -- NOT Affiliated with Abstractors A Go Go - Charlie Reynolds/NJ
5/17/2011 5:54:14 PM (4210 views)

Fed Retreat on Bigger Loans Rattles Housing - Leigh Attridge/MA
5/11/2011 9:35:18 AM (3350 views)

No Mortgage Modification for me! - Paula Reynolds/FL
5/10/2011 5:56:32 PM (3055 views)
Re: No Mortgage Modification for me! - Garret  Fitzgerald/VA
5/11/2011 12:09:18 PM (3369 views)
Re: No Mortgage Modification for me! - john franz/NJ
5/16/2011 8:59:28 AM (3300 views)
Re: No Mortgage Modification for me! - Janis Talbot/SC
5/16/2011 9:04:02 AM (3185 views)

Comment on "Another County Looks to Recover Lost Fees from MERS" - Source of Title/OH
5/10/2011 2:59:01 PM (2900 views)
MERS - Lee Holzinger/CA
5/10/2011 2:59:01 PM (5073 views)




What is Reasonable? - Carl Litchfield/SC
5/9/2011 7:54:04 PM (3047 views)
Re: What is Reasonable? - Jessica Talley/FL
5/10/2011 9:02:44 AM (3327 views)
Re: What is Reasonable? - Donna McCullough/SC
5/10/2011 9:06:42 PM (3299 views)
Re: What is Reasonable? - Kevin Ahern/CT
5/11/2011 8:27:04 AM (3358 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 (3261 views)
Re: What is Reasonable? - Dan Zook/NY
5/11/2011 3:08:17 PM (3258 views)
Re: What is Reasonable? - Janis Talbot
5/16/2011 9:14:12 AM (3155 views)

Comment on "Title Insurance Industry 2010 Performance-- in Graphs" - Source of Title/OH
5/7/2011 4:00:23 PM (3256 views)
Good Work! - Wyatt Bell/FL
5/7/2011 4:00:23 PM (3433 views)
Re: Good Work! - Slade Smith/OH
5/9/2011 2:46:07 PM (3310 views)

Home Prices Double Dip Down - Leigh Attridge/MA
5/6/2011 11:21:46 AM (3851 views)
Re: Home Prices Double Dip Down - Slade Smith/OH
5/6/2011 1:10:02 PM (3487 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 (2828 views)
Ho-Chunk? - J. H./OH
5/4/2011 8:13:35 PM (7784 views)
Re: Ho-Chunk? - James Powell/MI
5/5/2011 7:54:42 AM (9179 views)

Offering: current owners for $ 20! - MJDT/KS
5/4/2011 1:47:18 AM (3507 views)
Re: Offering: current owners for $ 20! - William Pattison /CA
5/5/2011 2:23:07 PM (3823 views)
Re: Offering: current owners for $ 20! - Garret  Fitzgerald/VA
5/10/2011 1:34:36 AM (3529 views)
Re: Offering: current owners for $ 20! - john franz/NJ
5/10/2011 9:40:16 AM (3484 views)
VENDOR Packages: Reject Them - William Pattison /CA
5/11/2011 1:36:37 PM (3477 views)
Re: VENDOR Packages: Reject Them - Paula Reynolds/FL
5/12/2011 3:03:33 PM (3268 views)
Re: VENDOR Packages: Reject Them - William Pattison /CA
5/31/2011 11:47:08 PM (3507 views)

ALTA's CEO is Chairman of the Board of MERS..? - Slade Smith/OH
5/3/2011 9:40:30 AM (3099 views)
Re: ALTA's CEO is Chairman of the Board of MERS..? - Robert Franco/OH
5/3/2011 11:10:40 AM (3634 views)
Re: ALTA's CEO is Chairman of the Board of MERS..? - john franz/NJ
5/10/2011 9:33:40 AM (3232 views)

Harvard University reports "affordability crisis for renters" - Leigh Attridge/MA
5/3/2011 8:34:15 AM (3875 views)
Re: Harvard University reports "affordability crisis for renters" - Abstractor/GA
5/3/2011 11:54:46 AM (3482 views)
Re: Harvard University reports "affordability crisis for renters" - Leigh Attridge/MA
5/3/2011 2:41:27 PM (5030 views)

Tri State Abstractions - Joyce Obrien/PA
5/2/2011 1:07:12 PM (4097 views)

New World - William Pattison /CA
5/2/2011 12:37:37 PM (3322 views)
Re: New World - Susan Grace/RI
5/2/2011 12:46:49 PM (3548 views)
Re: New World - Kevin Ahern/CT
5/2/2011 1:27:26 PM (3601 views)
Re: New World - Barbara Bennett/IN
5/2/2011 5:53:29 PM (3563 views)
Re: New World - Kevin Ahern/CT
5/2/2011 6:05:37 PM (3619 views)
Re: New World - William Pattison /CA
5/5/2011 2:31:00 PM (3508 views)

Off Shore Companies - Susan Grace/RI
5/2/2011 12:26:14 PM (3455 views)
Re: Off Shore Companies - William Pattison /CA
5/2/2011 12:29:56 PM (3766 views)
Re: Off Shore Companies - Susan Grace/RI
5/2/2011 12:36:32 PM (3862 views)
Re: Off Shore Companies - Barbara Bennett/IN
5/2/2011 5:55:10 PM (3869 views)
Re: Off Shore Companies - Nils Nelson/ME
5/2/2011 7:14:39 PM (4209 views)
Re: Off Shore Companies - Chris Mabie/VA
5/10/2011 3:38:29 PM (3560 views)
Dinosaur analogy - William Pattison /CA
5/11/2011 1:43:06 PM (4210 views)
Re: Dinosaur analogy - Paula Reynolds/FL
5/12/2011 3:05:16 PM (3526 views)


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