http://www.15bedtimestories.com/2009/05/12/the-client-nightmare-part-2/ That Keep Entrepreneurs Awake at Night Mon, 15 Feb 2010 13:36:55 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.15bedtimestories.com/2009/05/12/the-client-nightmare-part-2/comment-page-1/#comment-265 Bedtime Stories » Blog Archive » Have A Good Lawyer on Your Side Wed, 20 May 2009 12:59:37 +0000 http://www.15bedtimestories.com/?p=311#comment-265 [...] When a client didn’t pay after we extended their terms out to 90 days, I contacted my lawyer to see what options I had in order to resolve the dilemma. If it came down to it, I was ready to sue.  My lawyer advised me that a pending lawsuit would inhibit the client’s ability to raise the capital needed to pay me. He suggested I write a “nice letter” to them informing them of an impending lawsuit unless I received payment.   That’s exactly what I did, and despite the anger the client displayed toward me, we got paid. [...] [...] When a client didn’t pay after we extended their terms out to 90 days, I contacted my lawyer to see what options I had in order to resolve the dilemma. If it came down to it, I was ready to sue.  My lawyer advised me that a pending lawsuit would inhibit the client’s ability to raise the capital needed to pay me. He suggested I write a “nice letter” to them informing them of an impending lawsuit unless I received payment.   That’s exactly what I did, and despite the anger the client displayed toward me, we got paid. [...]

]]> http://www.15bedtimestories.com/2009/05/12/the-client-nightmare-part-2/comment-page-1/#comment-263 Bedtime Stories » Blog Archive » The Client Nightmare, Part 3 Wed, 13 May 2009 14:43:24 +0000 http://www.15bedtimestories.com/?p=311#comment-263 [...] Posts « The Client Nightmare, Part 2 [...] [...] Posts « The Client Nightmare, Part 2 [...]

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