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 When to Contact for Payment
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LeahMN

Minnesota
13 Posts

Posted - 02/15/2013 :  9:06:24 PM  Show Profile  Reply with Quote
I've been a Mobile Signing Agent over 12 years and I've only had to send out "Payment Demand Letters" 5 times. The majority of my signing companies pay within 30 days and I do not have to invoice them, but you must be organized/efficient with every new signing company. If still not paid after 30, I send an email with an invoice and wait for 2 days for reply. Still no answer, I then call daily, fax, and send emails to other reps/managers about how this company refuses to pay notaries for great service and ask them if they get paid for their work. I "kill them with kindness" just to get the owner/managers names and usually they get tired of my persistance. If still not paid after 60 days I send out a "Payment Demand Letter" which informs them I will be notifying the following companies due to their lack of payment: 123Notary, NotaryRotary, BBB, Secretary of State and the lender's name for this Mtge signing. FYI....I always save my contact sheet with the lenders name/address and loan officer for future reference. Once I send out this letter I get a phone call ASAP from a very upset manager/owner informing me he didn't appreciate this letter. My reply is that I better receive payment within 3 days or I will take action. After you hang up the phone immediately place a big "NO" next to this signing company's name contact name and never agree to accept another signing. Next time they call you can reply with, "NO, TAKE ME OFF YOUR NOTARY LIST BECAUSE YOU PAY LATE AND GOOD LUCK FINDING A NOTARY!
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BobbiCT

Connecticut
135 Posts

Posted - 01/04/2012 :  09:49:41 AM  Show Profile  Visit BobbiCT's Homepage  Reply with Quote
It will depend on each Independent Contractor's business model and the contracts agreed to.

In my case, most are net within 60 days, which means I begin my dunning notices approximately 75 days after the assignment is completed.

Bobbi in CT
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9235

New York
3 Posts

Posted - 01/03/2012 :  6:33:00 PM  Show Profile  Reply with Quote
Hello All,
I just wanted to hear from some other notaries in regards to when you contact a company regarding Past due payment(s).
I usually wait until around 45-60 days, but wanted to hear from others on how long you wait before you contact and ask for payments.

Thanks
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