Robb:
You absolutely do have the right to decide how to proceed as you see best with a client. Far be it from me to dissuade you from doing so.
However, it would appear that had a number of abstractors posting on this board asked the hard questions up front ( questions that seem to be the norm in industies other than abstracting) rather than eagerly accepting work from client with unknown credit history on a promise..a wing and a prayer..they would not find themselves posting about non-payment issues now.
I can not think of too many other industries in which an individual may be expected to extend credit of several thousand dollars in a very short period of time without resort to some credit information from the other party and/or the protection of a lien (UCC1, mechanic's lien, attorney's common law lien on a file) for work completed.
In the absence of a client's credit history another approach would be to limit the extension of credit to an amount with which an abstractor feels comfortable to gamble until the client demonstrates a history of timely payment.
Best of luck on your decision.
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