Got a few that drive me nuts. In fact, one guy that doesn't owe me a lot, but won't return phone calls or emails is getting an at-work visit from me today. I'm also considering parking my van with placards about his no payment at his home to "speed things up". These are only 3 or 400 bucks, but damn it , it's my money, not theirs.
Collecting Overdue Accounts
- Thread starter Willy P
- Start date
I guess the work visit promise thingy worked. Money will be ready today after he gets home from work. He's now on immediate payment or service will be refused.
Papa John
Lifetime Supportive Member
After 26 years in Business I am finally down to just One $126 acct receivable and its only 1 week old... The odd thing IS-- we have required payment due at the completion of the work for about 5 years now.-- we reluctantly cave in sometimes to some accts and allow billing.
Collecting a deposit with credit card at the time of booking has helped with the collections process.
Collecting a deposit with credit card at the time of booking has helped with the collections process.
Desk Jockey
Member
I just got paid on a 48K fire loss I had been waiting on since February. Got the run around from the third party evaluator. 
After sending 100 images and supporting documentation it took several months to collect. I don't mind being questioned but pay the bill! 
After sending 100 images and supporting documentation it took several months to collect. I don't mind being questioned but pay the bill! My receivables aren't quite at your level Richard, but right now I'm sitting on over 12 k in owed paper, Mostly good, but damn, that's a load to carry when you gotta meet paydays and make life happy for everybody else, first. It seems the more growth I achieve, the more load I'm carrying. Better rewards though- and some days opening the mail box is like winning the lottery.
Desk Jockey
Member
Mine can get up there. Especially when we are working fire packouts. The packout can be 5-8k, then cleaning of contents 10-20k and structure cleaning 8-10K, deliver another 4-5K.
When we have a couple of those going its makes paying the bills tough when cash flow squeaks down to a trickle. Fortunately WDR work pays fairly fast so it helps keep the plane flying but we only cruise when we get some of those big checks in. I started with 100k in my checking this morning and now I'm down to 55. I hate paying bills!
When we have a couple of those going its makes paying the bills tough when cash flow squeaks down to a trickle. Fortunately WDR work pays fairly fast so it helps keep the plane flying but we only cruise when we get some of those big checks in. I started with 100k in my checking this morning and now I'm down to 55. I hate paying bills!
GeneMiller
Member
Cleaned a house in a very prestigious neighborhood in April. They bought the house and knocked it down and build a bigger one. Very common for this neighborhood. This was the first time we cleaned for her and it was a referral. She said she would be back in about 10 minutes but go ahead and start. Please clean everything plus the sectional. Great, no problem. She never comes back so I call about 30 minutes from finishing. She doesn't answer so I text her. She never shows up so I leave a bill. After a month I called and texted her weekly. I finally stopped by the house and the maid told me she's that way. She never pays her bills. I finally mailed a past due notice and got a check. Her husband got it and paid it. Spoiled rich girl to busy to pay the workers she hires.
Gene
Gene
GeneMiller
Member
I started with 100 in mine too, now down to 55. No k after mine.Mine can get up there. Especially when we are working fire packouts. The packout can be 5-8k, then cleaning of contents 10-20k and structure cleaning 8-10K, deliver another 4-5K.
When we have a couple of those going its makes paying the bills tough when cash flow squeaks down to a trickle. Fortunately WDR work pays fairly fast so it helps keep the plane flying but we only cruise when we get some of those big checks in. I started with 100k in my checking this morning and now I'm down to 55. I hate paying bills!
Desk Jockey
Member
LOL I don't believe you Gene.
You look like you make bank and are very frugal with it!
