Posted by AAA LEGAL SERVICES - JOHN on 4/25/08 1:15pm
Msg #245019

Collectng on deadbeats

Here is how I sucessfully collect on Deadbeat signing companies:

1. I make a copy of each check so you know their Bank
2. When they dont pay, I call the Title and Lender and politely make a claim for damages. I have found that Title and lender can be made liable under ceratain state laws as an agent of the signing service.
3. If I do not received payment, I file a small claims action for "bad faith intent to defraud" against everyone involved (including loan officer) except the borrower.
4. If I need to levy against them I have their Bank Name and account number.

If we all stick together and require fee in advance, these problems will be over.

Reply by DD/OR on 4/25/08 7:06pm
Msg #245076

Hi John...when Todd at CQ refused to pay me, I faxed my invoice to the mortgage company that hired Todd. The guy at the Mortgage company told me if I didn't stop trying to collect via telephone, he would call the police on me. There's a state law (Oregon) that says you cannot use the phone to try to collect a debt. Can't win. DD