4 ms·
Can someone explain what happens here with the past due balances? I mean is it literally that someone says "Okay I will pay you x/hr to do this work" and then
by ryguytilidie 14y ago
Can someone explain what happens here with the past due balances? I mean is it literally that someone says "Okay I will pay you x/hr to do this work" and then when you bill them they say "oops I don't have the money"? Why aren't more of these people in court and what business does someone have hiring someone to do work for them while not having money? It blows my mind that humans work that way but I guess I shouldn't be surprised.
- Egregore 14y agoI had one client who was an old fashioned software developer, he didn't like in my code the OOP, he was unable to understand it so he didn't want to pay me, he was oversea so the getting those money for the project was more expensive than actually the money.
- mikeleeorg 14y agoIn our case, clients have either: 1) Gone out of business and dissolved their businesses, or 2) Claimed they don't have the finances to pay us. All clients enter into a contract with us. So when they don't pay, we have legal recourse. In #1, there's little we can do, except go to court and get in line as a debtor. In #2, we ended up with a promissory note stating they're legally bound to pay us as soon as they are able to. There are other avenues one can pursue, this is just the deal we worked out with them and all the lawyers involved.