Getting Payment from Client

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  • Black Bart
    Senior Member
    • Jun 2005
    • 3357

    #16
    Any new developments?

    Originally posted by equinecpa

    ...They now owe me about $750...She...wants to pick up the return Sunday.
    My ideas were pretty much the same as everybody else's. Full payment's preferred, of course, but the obvious question is -- do they have/can they get it? As others mentioned, I've had them borrow from relatives (this is usually possible) or asked for post-dated checks (also a series), partial payment, half, all, etc.

    I find that it all depends on the particular client and you just have to play it by ear. Sometimes you can nurse one along for a long time, occasionally collecting $100/$200 and you'll get it all, while others must be paid in full or they simply won't ever come back.

    The only really concrete advice I have (for the future) is this:

    (1) Don't let the bill get too high (like now). Gently insist (don't take no for an answer) on partial payments as they go. If you don't, then they can't pay a large amount even if they want to and you'll lose this money plus all future years' business (they'll strictly avoid you).

    (2) I'm sure you've already beat yourself up about the LLC fee, so there's no point in me piling on ($300 is an amount nobody would reasonably expect you to pay for them). I'll just say that you shouldn't pay anything other than de minimus "government" fees for clients -- they'll get a money order for you if they really want it done.

    Tough out there, ain't it?

    There shall be weeping and gnashing of teeth. -- MATTHEW. VIII. 12

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    • Joe Btfsplk
      Senior Member
      • Dec 2005
      • 527

      #17
      Post dated checks in Texas

      Originally posted by WhiteOleander
      I don't know if it still is, but, in Texas, it is illegal to write and/or accept a post dated check. This could have changed, but I haven't heard if it has.
      It may be illegal but it is done frequently. Once I got a post-dated check from Merrill Lynch since the settlement date was a few days after I'd sold some stock. I took it immediately to the bank and deposited it before the date shown on the check.

      If there is any law against it, it must be enforced by the same people who give drivers licenses to illegal immigrants,.

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      • Black Bart
        Senior Member
        • Jun 2005
        • 3357

        #18
        equinecpa - are you home?

        Curiosity's killing us. What happened?

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        • equinecpa
          Senior Member
          • Mar 2006
          • 578

          #19
          Nothing - yet. I still have the return. She called to see if I was in on Friday (payday yeah) and I wasn't until later on in the afternoon. I called back and she said she'd come by this weekend. Haven't seen her yet...

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