Dcm doesnt want to pay

[BlueRose]

I have the following in my contract, so I can take clients to court or get a collections Agency to get the money for me.

We agree that if we end up in court over money or any other reasons (payment for services, reimbursement cost etc. ) all court fees are our responsibility and not that of Valerie's Home Daycare (Valerie E. XXXXXXXX) or any members of her family or staff. We are also responsible to cover any and all wages lost to Valerie XXXXXXXX, any of her family member an any and all staff who have had to miss work do to going to court for any reason. We will also pay for any staff required to cover the daycare for days Valerie XXXXXXXX has to attend court or meet with her lawyer. We are aware that if any payments of fees or reimbursements are not made Valerie's Home Daycare can have a collections Agency collect the money on Valerie XXXXXXXs behalf.

[gramma]

BlueRose, how do you get a collection agency to collect for you? How much does it cost?

[BlueRose]

I found this collection agency on line http://www.optimumcredit.ca/
There are lots of others. I just typed in collection agency in google search and got a whole list of them. I looked at a few, but this on looked good.

[BlueRose]

Happy to say I haven't had to use one yet, so I am not sure. I am going to look into it. I believe they take a percentage, but not sure.

[gramma]

Do i have the right to withold a receipt until such times as the outsanding balance is paid

[bright sparks]

I was under the impression you sell your debt to the collection company and then its no longer your issue. They are responsible for collecting the debt and I am pretty sure that after what they consider "a reasonable amount of time" to repay, which is about 4-6 weeks but varies by company, they then slap a collections notice on your credit file which stays for 7 years and start adding interest as a penalty. I would imagine they buy the debt off you at a certain percent less so they can make money on it.

[gramma]

alphagetti, the cheque i have on file is for their normal payment that would have been due today. I cashed the deposit cheque at the time the contract was signed but it was only for 1 week. what they are not paying for is the care that should be taking place for the next few weeks they decided not to bring her but the contract says they have to pay regardless of attendance. my loss as its not worth fighting for.

I just found out that she has already been turned down by another provider who is a friend of a friend.

[playfelt]

And that says a lot about her too that she just assumed finding someone else wouldn't be an issue and burned her bridges before she had to. The smugness of knowing she screwed herself over is worth far more than the money owed.