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Client files bankruptcy - and I get PILES of mail!
A couple of years ago, a prominent lender here in Florida filed bankruptcy and owed me for ONE appraisal fee.   Needless to say, I did not collect that fee, and basically just chalked it up to a loss.  I was certain the homeowner for whom I had performed the appraisal, was far more inconvenienced than my $350 – so I did not pursue them either for payment.  I just filed it under bad client debt. Yet here I am two years later, getting letter after letter in the mail for every move this bankruptcy case makes!  Today, I got a full blown PACKAGE in the mail, complete with CD for all of the documents necessary for voting on the liquidation, etc, etc!
I am thinking…..”guys – you could have spent the $350 on all this mailing, CDs, paper, filing, etc – and paid me with that!”  
I know I don’t even register as a blip on the radar of what this lender owed others.  It just makes me wonder about the process, who pays for all of this mailing, copying, production, etc?!  
  I simply toss the papers in my own filing system (that little basket behind my desk) and ... more

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