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The Basement
Terminating contracts and retrieving equipment
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<blockquote data-quote="Dave Pluke" data-source="post: 203000" data-attributes="member: 9878"><p>Sounds to me like a classic "Slow Pay" Client - one that pays off the squeaky wheel (at least, partially) at the expense of others. You have do decide whether or not you want to deal with this type of customer, as they are not likely to change behavior.</p><p></p><p>If and when that Client shutters his doors, you will be left holding whatever outstanding invoices remain. In other words, the unpaid balance will always be at risk - if not today, perhaps tomorrow. And, depending on the Laws of Oz, your equipment may be seized as part of his assets.</p><p></p><p>I'm certain that Collections are not why you got into this business. Hope you can grow your Client base to allow excluding bums like this.</p><p></p><p>Dave</p></blockquote><p></p>
[QUOTE="Dave Pluke, post: 203000, member: 9878"] Sounds to me like a classic "Slow Pay" Client - one that pays off the squeaky wheel (at least, partially) at the expense of others. You have do decide whether or not you want to deal with this type of customer, as they are not likely to change behavior. If and when that Client shutters his doors, you will be left holding whatever outstanding invoices remain. In other words, the unpaid balance will always be at risk - if not today, perhaps tomorrow. And, depending on the Laws of Oz, your equipment may be seized as part of his assets. I'm certain that Collections are not why you got into this business. Hope you can grow your Client base to allow excluding bums like this. Dave [/QUOTE]
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