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#192730 - 02/27/10 04:30 PM
Re: Best excuses for late payments
[Re: CDS]
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Member
Registered: 02/23/08
Posts: 167
Loc: Missouri
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well it beats "the number you have dialed is no longer in service" or:
can I speak to the owner? He is not here. when will he return? In 5-10.
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#192806 - 03/03/10 05:55 PM
Re: Best excuses for late payments
[Re: dougwells]
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Member
Registered: 04/03/02
Posts: 4904
Loc: Brick, NJ USA
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Doug: I hope you no longer work for them!
I had a major retail chain, 45 days at first, slipped to 60 days, then they asked for 90 days....I had to say..."see ya".
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John
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#192833 - 03/05/10 01:06 PM
Re: Best excuses for late payments
[Re: CDS]
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Member
Registered: 07/20/04
Posts: 7146
Loc: Estero,Fl,usa
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My wife used to work for a big builder who was notoriously "slow pay". They considered that part of the profit margin. The longer you can hold onto your money the less it costs you. It was one of her biggest gripes and she was always fighting with them to get her trades paid faster. Usually the squeaky wheel does get the grease so it is worth complaining about.
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Greg Fretwell
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#192852 - 03/06/10 09:56 PM
Re: Best excuses for late payments
[Re: gfretwell]
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Member
Registered: 02/23/08
Posts: 167
Loc: Missouri
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as long as I get paid I am happy this year has been bad for write-offs the Ford Dealer closed and filed for bancruptcy thats 700 bucks I'll never see.
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#192854 - 03/07/10 01:06 AM
Re: Best excuses for late payments
[Re: Rewire]
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Member
Registered: 07/20/04
Posts: 7146
Loc: Estero,Fl,usa
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It might be worth filing before the bankruptcy court. I have a neighbor who stuck with it and eventually got money out of Evinrude for a warranty complaint on a 3 year old motor. He worked his way through the process, going from #2000+ up to number #150 or so and they finally just paid him off to clear the way for the big creditors. He used to get a box of papers in the mail every month or so. I guess they figured out it was more expensive to keep supplying with him with documents than it was to pay him. He got several hundred from Bombardier as a partial warranty settlement and another several hundred from Bank of America just to get out of the way.
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Greg Fretwell
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#192871 - 03/08/10 08:02 AM
Re: Best excuses for late payments
[Re: gfretwell]
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Member
Registered: 02/23/08
Posts: 167
Loc: Missouri
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when the IRS is at the top of the list I don't think much will be left.We filed our claim so if we get something it will be like found money.
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#192877 - 03/08/10 11:48 AM
Re: Best excuses for late payments
[Re: Rewire]
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Member
Registered: 07/20/04
Posts: 7146
Loc: Estero,Fl,usa
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You are right about the IRS, they usually leave scorched earth and a lien on future earnings when they are involved but I would still follow up in case the tax problem isn't really that bad and something survives. You might be the only other claimant standing if everyone else gives up.
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Greg Fretwell
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