Many notaries have reported losses from signing services in the notary forums I frequently read to say abreast of the local perspectives and establish a pulse, as to the concerns that notaries have professionally.
We all get tons of unsolicited junk mail, not the kind sent via email. Recently, we received a snail mailing from a company, Transworld System, Inc regarding a delinquent collection service they offered, which collects delinquent accounts and returned checks for a fixed fee of $5 - $10 per account, with no percentage included.
On the surface we thought that was a great deal, as many companies charge a fixed fee plus a percentage of collections. In reading notary forums one of the common discussion is non-paying signing services. From our knowledge and experience with accounts receivable, the longer they age the more they stink. Also many times when a licensed collection agency contact a creditor with fear of legal actions or worst promises of an adverse credit rating, they find a way to cough up the money.
needAnotary has no connections or affiliations with Transworld Systems, Inc., but felt if the company meets a notaries standards of professional conduct and integrity, it might be an ideal resource to clear the books of long overdue delinquent account from signing companies that owe for work completed months ago. Plus, their cost model seemed reasonable and affordable for most notaries. We have not used this company but have placed their contact info in our database, as a referral source if we were every in need of such services.
As a courtesy we are passing their contact along to anyone who want to contact them to check out their services. We would like to ask if you do use them, please post your experience for the benefits of the community. With the pending tax deadline approaching, this could be a smooth move to increase your cash flow to pay any taxes you have coming due.
Transworld Systems, Inc.
17777 Main Street
Irvine, CA 92614
949/250-4575
I just got my notary liscnese. Thank you for the info!