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 move on. Today, I just had to say SOMETHING though with the complete media package I received!
It certainly makes one wonder about the efficiency of the court system and the use of resources in mailing each and every person on the “I owe you money” list! WOW!