Funny, I was on this subject today with a Super' for a GC, both of us talking about when we were on our own. (Before we re-gained gainfull employment...)
And the topic of this sentance came up.
"It's only buisiness..."
The idea that you can contract someone out to do work for you with no intention of paying - ever. Knowing that even if you lawyer up and chase them it will cost you more, and you still wont get paid. Even if you put a lien on them, as they have no intention of selling it, it makes no difference to them. An old boss of mine taught me this... Even with a getting pre-lien info, if the there is not a title held by some bank, get as much as you can up front. If there is a bank involved, it is thier property as collateral, if you put a lien on it, THEY make sure you get paid. Some small buisiness or home owner who own property out-right, knowing that you can't attack thier credit rating without some serious hassle, could just shaft you.
What I think should be more available to the likes of us, is access to the likes of Equifax and other credit reporting agencies. The stick you, pay late or not at all, you get to sling a black blotch...
You can get thier check service... You call right there and then before accepting thier check, they guarantee a percentage of it, and if it bounces, black blotches are slung.
Worst case, if it gets to the rare point that it is worth it, you could sell thier debt to a collection agency at a loss.
