accounts payable: Client files bankruptcy - and I get PILES of mail!
- 12/13/10 07:10 AM
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 … (4 comments)
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 … (4 comments)
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