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No Mortgage Modification for me! - Paula Reynolds/FL
5/10/2011 5:56:32 PM (3105 views)
Re: No Mortgage Modification for me! - Garret  Fitzgerald/VA
5/11/2011 12:09:18 PM (3566 views)
Re: No Mortgage Modification for me! - john franz/NJ
5/16/2011 8:59:28 AM (3489 views)
Re: No Mortgage Modification for me! - Janis Talbot/SC
5/16/2011 9:04:02 AM (3361 views)

Comment on "Another County Looks to Recover Lost Fees from MERS" - Source of Title/OH
5/10/2011 2:59:01 PM (2950 views)
MERS - Lee Holzinger/CA
5/10/2011 2:59:01 PM (5304 views)

What is Reasonable? - Carl Litchfield/SC
5/9/2011 7:54:04 PM (3117 views)
Re: What is Reasonable? - Jessica Talley/FL
5/10/2011 9:02:44 AM (3506 views)
Re: What is Reasonable? - Donna McCullough/SC
5/10/2011 9:06:42 PM (3483 views)
Re: What is Reasonable? - Kevin Ahern/CT
5/11/2011 8:27:04 AM (3555 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 (3446 views)
Re: What is Reasonable? - Dan Zook/NY
5/11/2011 3:08:17 PM (3453 views)
Re: What is Reasonable? - Janis Talbot
5/16/2011 9:14:12 AM (3332 views)

Comment on "Title Insurance Industry 2010 Performance-- in Graphs" - Source of Title/OH
5/7/2011 4:00:23 PM (3333 views)
Good Work! - Wyatt Bell/FL
5/7/2011 4:00:23 PM (3632 views)
Re: Good Work! - Slade Smith/OH
5/9/2011 2:46:07 PM (3524 views)

Home Prices Double Dip Down - Leigh Attridge/MA
5/6/2011 11:21:46 AM (3947 views)
Re: Home Prices Double Dip Down - Slade Smith/OH
5/6/2011 1:10:02 PM (3715 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 (2882 views)
Ho-Chunk? - J. H./OH
5/4/2011 8:13:35 PM (8040 views)
Re: Ho-Chunk? - James Powell/MI
5/5/2011 7:54:42 AM (9471 views)

Offering: current owners for $ 20! - MJDT/KS
5/4/2011 1:47:18 AM (3569 views)
Re: Offering: current owners for $ 20! - William Pattison /CA
5/5/2011 2:23:07 PM (4051 views)
Re: Offering: current owners for $ 20! - Garret  Fitzgerald/VA
5/10/2011 1:34:36 AM (3730 views)
Re: Offering: current owners for $ 20! - john franz/NJ
5/10/2011 9:40:16 AM (3690 views)
VENDOR Packages: Reject Them - William Pattison /CA
5/11/2011 1:36:37 PM (3703 views)
Re: VENDOR Packages: Reject Them - Paula Reynolds/FL
5/12/2011 3:03:33 PM (3496 views)
Re: VENDOR Packages: Reject Them - William Pattison /CA
5/31/2011 11:47:08 PM (3723 views)

ALTA's CEO is Chairman of the Board of MERS..? - Slade Smith/OH
5/3/2011 9:40:30 AM (3160 views)
Re: ALTA's CEO is Chairman of the Board of MERS..? - Robert Franco/OH
5/3/2011 11:10:40 AM (3841 views)
Re: ALTA's CEO is Chairman of the Board of MERS..? - john franz/NJ
5/10/2011 9:33:40 AM (3446 views)

Harvard University reports "affordability crisis for renters" - Leigh Attridge/MA
5/3/2011 8:34:15 AM (3945 views)
Re: Harvard University reports "affordability crisis for renters" - Abstractor/GA
5/3/2011 11:54:46 AM (3680 views)
Re: Harvard University reports "affordability crisis for renters" - Leigh Attridge/MA
5/3/2011 2:41:27 PM (5265 views)

Tri State Abstractions - Joyce Obrien/PA
5/2/2011 1:07:12 PM (4161 views)

New World - William Pattison /CA
5/2/2011 12:37:37 PM (3393 views)
Re: New World - Susan Grace/RI
5/2/2011 12:46:49 PM (3763 views)
Re: New World - Kevin Ahern/CT
5/2/2011 1:27:26 PM (3905 views)
Re: New World - Barbara Bennett/IN
5/2/2011 5:53:29 PM (3886 views)
Re: New World - Kevin Ahern/CT
5/2/2011 6:05:37 PM (3820 views)
Re: New World - William Pattison /CA
5/5/2011 2:31:00 PM (3699 views)

Off Shore Companies - Susan Grace/RI
5/2/2011 12:26:14 PM (3540 views)
Re: Off Shore Companies - William Pattison /CA
5/2/2011 12:29:56 PM (3951 views)
Re: Off Shore Companies - Susan Grace/RI
5/2/2011 12:36:32 PM (4076 views)
Re: Off Shore Companies - Barbara Bennett/IN
5/2/2011 5:55:10 PM (4067 views)
Re: Off Shore Companies - Nils Nelson/ME
5/2/2011 7:14:39 PM (4408 views)
Re: Off Shore Companies - Chris Mabie/VA
5/10/2011 3:38:29 PM (3771 views)
Dinosaur analogy - William Pattison /CA
5/11/2011 1:43:06 PM (4408 views)
Re: Dinosaur analogy - Paula Reynolds/FL
5/12/2011 3:05:16 PM (3722 views)

"All we have are shadow markets" - BW - Dave Pelligrinelli/GA
5/1/2011 7:27:45 AM (4044 views)
Re: "All we have are shadow markets" - BW - Leigh Attridge/MA
5/1/2011 9:57:40 AM (3804 views)
Re: "All we have are shadow markets" - BW - Dave Pelligrinelli/GA
5/1/2011 10:01:41 AM (3817 views)

tornado - rude client - Jason Knowles/AL
4/29/2011 4:11:22 PM (3527 views)
Re: tornado - rude client - Kym/NJ
4/29/2011 5:26:29 PM (4225 views)
Re: tornado - rude client - Donna McCullough/SC
5/10/2011 11:46:45 PM (3593 views)
Re: tornado - rude client - Nils Nelson
4/29/2011 7:39:17 PM (4336 views)
Re: tornado - rude client - K C/NJ
4/30/2011 3:54:07 PM (4116 views)
Re: tornado - rude client - Patrick Scott/IL
4/29/2011 9:41:58 PM (4305 views)
Re: tornado - rude client - Brenda Palmer/TN
5/2/2011 3:54:53 AM (4355 views)
Re: tornado - rude client - Kym/NJ
5/2/2011 9:39:04 AM (4398 views)
Re: tornado - rude client - Teri Carro/DE
5/3/2011 10:25:22 AM (3977 views)
MISUNDERSTANDING & further apology - Kym/NJ
5/3/2011 5:00:51 PM (4246 views)
Re: MISUNDERSTANDING & further apology - James Toney/MS
5/6/2011 12:14:59 AM (4139 views)

Pricing - Aaron Thorpe/NY
4/29/2011 3:48:24 PM (3437 views)
Re: Pricing - Nils Nelson/ME
4/29/2011 7:32:12 PM (4034 views)
Re: Pricing - Aaron Thorpe/NY
5/2/2011 2:23:31 PM (3907 views)
Raise Prices - William Pattison 
5/2/2011 12:28:09 PM (3949 views)
Re: Raise Prices - Aaron Thorpe/NY
5/2/2011 2:30:15 PM (3774 views)
Re: Pricing - Thomas Rance/PA
5/3/2011 8:04:18 AM (3834 views)
Advice on Operations - William Pattison /CA
5/9/2011 3:42:48 PM (3720 views)


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