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Here's my rant - Loretta Reed/MD
10/13/2005 11:05:00 AM (3290 views)
Re: Here's my rant - Iris Buchman/FL
10/13/2005 4:50:59 PM (5934 views)
Re: Here's my rant - Kurt deVries/FL
10/14/2005 9:36:24 AM (5914 views)
Re: Here's my rant - Jay Duncan/MO
10/14/2005 1:44:49 PM (5918 views)
Re: Here's my rant - Matt Papsch/MD
10/13/2005 5:35:02 PM (5843 views)
Re: Here's my rant - Loretta Reed/MD
10/14/2005 11:47:19 AM (6051 views)
Re: Here's my rant - Robert Franco/OH
10/14/2005 12:12:08 PM (5860 views)
Re: Here's my rant - Wendi See/SC
10/15/2005 10:24:17 PM (5871 views)

Refaxing - Danielle Nelson/WI
10/12/2005 2:14:31 PM (3309 views)
Re: Refaxing - STEVE MEINECKE/VA
10/12/2005 3:00:22 PM (5751 views)
Re: Refaxing - Robert Franco/OH
10/12/2005 3:28:29 PM (9332 views)
Re: Refaxing - Larry Crooks/OH
10/13/2005 8:45:13 AM (5771 views)
Re: Refaxing - Danielle Nelson/WI
10/13/2005 11:38:05 AM (6475 views)
Re: Refaxing - Lisa Ramsey/TX
10/14/2005 9:55:23 AM (5770 views)
Re: Refaxing - Kelly Chamblee/OH
10/13/2005 1:37:01 PM (5779 views)
Re: Refaxing - Robert Franco/OH
10/13/2005 2:38:26 PM (5827 views)
Re: Refaxing - Susan Matson/MN
10/17/2005 9:31:57 AM (6134 views)

Rant! - Tammy Knight/MO
10/12/2005 12:49:24 AM (3199 views)
Re: Rant! - Kurt deVries/FL
10/12/2005 2:02:22 PM (5564 views)
Re: Rant! - Robert Franco/OH
10/12/2005 3:11:23 PM (5634 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 (5482 views)
Re: Rant! - Kevin Ahern/CT
10/12/2005 5:06:42 PM (5517 views)
Re: Rant! - LAWANDA MCMILLIAN/AR
10/12/2005 8:21:41 PM (5522 views)
Re: Rant! - Scott Perry/PA
10/12/2005 10:02:17 PM (5497 views)
Re: Rant! - Robert Franco/OH
10/13/2005 12:26:35 AM (5550 views)
Re: Rant! - Tammy Knight/MO
10/13/2005 1:22:50 AM (5518 views)
Re: Rant! - Lisa Ramsey/TX
10/14/2005 10:02:18 AM (5537 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:29:44 PM (5390 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 12:48:29 PM (5463 views)
Re: Rant! - Kevin Ahern/CT
10/13/2005 4:56:56 AM (5390 views)
Re: Rant! - Iris Buchman/FL
10/13/2005 4:44:01 PM (5452 views)
Re: Rant! - Kevin Ahern/CT
10/14/2005 8:06:47 AM (5494 views)
Re: Rant! - Tammy Knight/MO
10/16/2005 10:08:48 PM (5513 views)
Re: Rant! - Kevin Ahern/CT
10/17/2005 8:21:44 AM (5855 views)

Erevna? - Tammy Knight/MO
10/12/2005 12:28:49 AM (3294 views)
Re: Erevna? - Tammy Knight/MO
10/12/2005 12:29:48 AM (5404 views)
Re: Erevna? - Becky Kale/IL
10/17/2005 2:15:26 PM (5689 views)

United Document Services of East Northport - JENNIFER HOLZMAN/PA
10/11/2005 1:24:41 PM (3197 views)
Re: United Document Services of East Northport - Scott Perry/PA
10/11/2005 7:24:54 PM (5361 views)




Abstractor Educational Workshops!!! - Jay Duncan/MO
10/7/2005 8:06:03 AM (3778 views)

Are you going to vote? - Jay Duncan/MO
10/7/2005 8:03:07 AM (2920 views)
Re: Are you going to vote? - Robert Franco/OH
10/7/2005 3:44:19 PM (5285 views)

WORKING CONDITIONS - Scott Perry/PA
10/6/2005 11:33:25 PM (3238 views)
Re: WORKING CONDITIONS - Lou Legaspi/IL
10/7/2005 7:30:22 AM (5273 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/7/2005 7:39:40 AM (5162 views)
Re: WORKING CONDITIONS - monica froese/ME
10/7/2005 9:20:14 PM (5250 views)
Re: WORKING CONDITIONS - Kelli Gorman/TX
10/10/2005 10:32:58 PM (5204 views)
Re: WORKING CONDITIONS - george Hubka/MI
10/7/2005 10:37:13 PM (5352 views)
Re: WORKING CONDITIONS - Helene/GA
10/8/2005 12:36:52 AM (5144 views)
Re: WORKING CONDITIONS - Anne Gilbert/VT
10/8/2005 7:29:57 AM (5257 views)
Re: WORKING CONDITIONS - Kelli Gorman/TX
10/10/2005 10:34:58 PM (5277 views)
Re: WORKING CONDITIONS - David Jenkins/PA
10/9/2005 4:51:44 PM (5142 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/9/2005 6:41:11 PM (5154 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/10/2005 3:31:03 PM (5222 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 9:01:36 PM (5117 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/10/2005 9:45:44 PM (5092 views)
Re: WORKING CONDITIONS - David Bloys/TX
10/10/2005 11:03:28 PM (5107 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 11:15:25 PM (5012 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/10/2005 11:13:11 PM (4886 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 10:57:24 AM (5050 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/11/2005 9:49:57 PM (4961 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 11:14:15 PM (4935 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 12:03:15 AM (4957 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/12/2005 9:01:09 AM (4939 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 9:59:41 PM (4972 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/13/2005 9:39:27 AM (4849 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/13/2005 10:43:45 AM (4766 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/13/2005 6:27:31 PM (4854 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/14/2005 9:10:26 PM (4849 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/14/2005 11:38:36 PM (4905 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/15/2005 2:17:00 PM (4949 views)
Re: WORKING CONDITIONS - george Hubka/MI
10/11/2005 9:09:22 PM (5205 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/11/2005 10:50:27 PM (4899 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/11/2005 11:29:28 PM (4920 views)
Re: WORKING CONDITIONS - STEVE MEINECKE/VA
10/12/2005 8:46:58 AM (4889 views)
Re: WORKING CONDITIONS - Robert Franco/OH
10/11/2005 1:20:16 PM (5045 views)
Re: WORKING CONDITIONS - Scott Perry/PA
10/12/2005 7:38:19 AM (4924 views)

ATA - Iris Buchman/FL
10/6/2005 1:17:26 AM (3173 views)
Re: ATA - Kurt deVries/FL
10/6/2005 11:21:11 AM (5203 views)
Re: ATA - Iris Buchman/FL
10/6/2005 4:09:20 PM (5175 views)
Re: ATA - Anne Gilbert/VT
10/7/2005 6:18:04 AM (5260 views)
Re: ATA - Iris Buchman/FL
10/7/2005 8:08:38 AM (5028 views)
Re: ATA - michelle foskey/GA
10/24/2005 2:05:34 PM (5198 views)

Be Clear with your Client - Wanda Steudel/OH
10/5/2005 5:13:39 PM (2972 views)
Re: Be Clear with your Client - David Bloys/TX
10/5/2005 5:36:10 PM (4952 views)
Re: Be Clear with your Client - Scott Perry/PA
10/5/2005 7:17:55 PM (5001 views)
Re: Be Clear with your Client - David Bloys/TX
10/5/2005 8:26:52 PM (6630 views)
Re: Be Clear with your Client - Scott Perry/PA
10/5/2005 10:30:11 PM (5089 views)
Re: Be Clear with your Client - Kurt deVries/FL
10/6/2005 11:25:11 AM (5038 views)
Re: Be Clear with your Client - Robert Franco/OH
10/6/2005 11:38:24 AM (4935 views)
Re: Be Clear with your Client - Wanda Steudel/OH
10/6/2005 1:02:20 PM (5018 views)
Re: Be Clear with your Client - Larry Crooks/OH
10/10/2005 5:01:33 PM (4943 views)

2005 Independent Examiner Report Weekend Interviews - Jarrod Clabaugh/OH
10/4/2005 11:12:02 AM (2576 views)

PLAT MAPS? - Rebecca Barney/FL
10/4/2005 9:24:49 AM (3118 views)
Re: PLAT MAPS? - Julie Jasiunas/WI
10/4/2005 9:33:53 AM (5101 views)
Re: PLAT MAPS? - David Bloys/TX
10/4/2005 11:24:48 AM (4948 views)
Re: PLAT MAPS? - Rebecca Barney/FL
10/4/2005 11:32:32 AM (4948 views)
Re: PLAT MAPS? - Danielle Nelson/WI
10/4/2005 12:14:21 PM (4876 views)
Re: PLAT MAPS? - george Hubka/MI
10/4/2005 11:08:16 PM (5021 views)
Re: PLAT MAPS? - Helene/GA
10/4/2005 11:31:56 PM (4840 views)
Re: PLAT MAPS? - Lisa Ramsey/TX
10/4/2005 11:46:46 PM (4859 views)
Re: PLAT MAPS? - Robert Franco/OH
10/5/2005 12:37:04 AM (5008 views)
Re: PLAT MAPS? - Helga Hinck/NH
10/5/2005 12:02:56 PM (4923 views)
Re: PLAT MAPS? - Robert Franco/OH
10/5/2005 12:08:45 PM (4958 views)
Re: PLAT MAPS? - LAWANDA MCMILLIAN/AR
10/5/2005 3:25:11 PM (4873 views)
Re: PLAT MAPS? - Douglas Gallant/OH
10/5/2005 5:13:32 PM (4846 views)
Re: PLAT MAPS? - Matthew DeLand/NY
10/7/2005 9:46:53 AM (5039 views)
Re: PLAT MAPS? - STEVE MEINECKE/VA
10/14/2005 9:53:38 PM (4703 views)

Hello - Ricky Farrow/FL
10/3/2005 7:30:38 PM (2505 views)

Resolution to India Call - Jason Sheppard/PA
10/3/2005 11:55:48 AM (2983 views)
Re: Resolution to India Call - Jason Sheppard/PA
10/5/2005 11:04:09 AM (4754 views)

First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:10:57 AM (3149 views)
Re: First Title & Escrow (Info) ??? - Danielle Nelson/WI
10/3/2005 2:10:52 PM (5262 views)
Re: First Title & Escrow (Info) ??? - Norean Cashwell/GA
10/3/2005 7:41:05 PM (5057 views)
Re: First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:25:01 PM (5141 views)
Re: First Title & Escrow (Info) ??? - george Hubka/MI
10/3/2005 8:22:05 PM (5232 views)
Re: First Title & Escrow (Info) ??? - Norean Cashwell/GA
10/3/2005 9:12:45 PM (5139 views)
Re: First Title & Escrow (Info) ??? - Danielle Nelson/WI
10/4/2005 12:10:20 PM (5054 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/4/2005 2:02:14 PM (5046 views)
Re: First Title & Escrow (Info) ??? - Robert Franco/OH
10/4/2005 4:53:34 PM (4957 views)
Re: First Title & Escrow (Info) ??? - Kevin Ahern/CT
10/4/2005 5:45:57 PM (4881 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/4/2005 7:31:21 PM (4928 views)
Re: First Title & Escrow (Info) ??? - Kevin Ahern/CT
10/5/2005 6:27:19 AM (4948 views)
Re: First Title & Escrow (Info) ??? - Wanda Steudel/OH
10/5/2005 10:43:11 AM (4920 views)
Re: First Title & Escrow (Info) ??? - Charles Chen/MD
1/12/2006 11:43:59 AM (4592 views)
Re: First Title & Escrow (Info) ??? - James Smith/CA
3/8/2006 3:58:27 PM (4537 views)


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