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Well I learned a big lesson, I've been trying for the last three and a half months to collect on a past due balance from a customer of my soaping business. Never again will I extend credit to someone. It's frustrating to say the least and I feel taken advantage of and disrespected.

I was on the Board of Directors for a local company. Collecting those "uncollectibles" was a nightmare. It cost more to take it to the magistrate than you could even recoup so many people just got away with not paying.

Very frustrating!

My parents use to have a business as well. It was amazing who did not pay. It was typically not the people who struggled to make ends meet. They were very conscious, even if they had to make mini-payments....it was the folks in that big old mansion driving their yachts to work (ok....maybe I over exaggerating to protect the guilty at tad)

[This message edited by EvenKeel at 2:59 PM, December 11th (Wednesday)]

Collections is a nightmare regardless.
I learned that running the surgeons office.

My H did take pity on some redneck lady this fall that had bees inbetween the first and second floor of her house with honey dripping through the ceiling, and allowed her to pay late, and she of course attempted to dupe us. His degree is finance, and he worked for high risk loan place when he got out of school so he was all over it, and she magically had the funds for us when he presented with some sort of scary file for lein on property or something. LOL.

I let him handle it.