MSI Slow payments - REO Property Preservation Forum
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post #1 of 19 (permalink) Old 06-04-2018, 03:09 PM Thread Starter
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MSI Slow payments

I have been with MSI for about 5 years. They have always paid on a 60 day cycle. The last 2 checks have been over 90 days and now they owe me for a WO back on February 15. I have emailed without any responses. I'm beginning to worry that MSI is having problems. Anyone else having issues with getting paid?
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post #2 of 19 (permalink) Old 06-08-2018, 10:34 PM
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Yes, I've had problems with MSI payment. Last pay was for work in January 2018. They've not responded to any requests about payment. I'm ready to get the lawyer on their ass.
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post #3 of 19 (permalink) Old 06-11-2018, 12:46 PM
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Way are people not filing liens on properties for? What are your businesses terms for payment? Sounds like you need to send MSI a W-4 and then contact your state labor board about it, as they are treating you like a employee. Prepare for another insolvent company to file bankruptcy this year.

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post #4 of 19 (permalink) Old 07-06-2018, 08:58 PM
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they actually gotten a little better with the checks. I agreed they were always on time with checks until last year this year is been a mess. What I do is I stop all work orders when I reach certain amount of $$. And I don't complete any more work until I get the check. it is what it is you have to do what you have to do. Don't allow them to owe too much on you just in case some weird line NFN happens you don't have too big of loss.
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post #5 of 19 (permalink) Old 07-07-2018, 06:48 AM
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Originally Posted by brooks View Post
I have been with MSI for about 5 years. They have always paid on a 60 day cycle. The last 2 checks have been over 90 days and now they owe me for a WO back on February 15. I have emailed without any responses. I'm beginning to worry that MSI is having problems. Anyone else having issues with getting paid?
Reported on their insolvency a month ago

Aladay LLC
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post #6 of 19 (permalink) Old 07-08-2018, 06:03 AM
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I've never had any issues. If you turn in quality work and on time and have good communication they treat you right.
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post #7 of 19 (permalink) Old 07-08-2018, 09:04 AM
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I've never had any issues. If you turn in quality work and on time and have good communication they treat you right.
How long have you been in the preservation business?

Iíve already told you more than I know.
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post #8 of 19 (permalink) Old 07-08-2018, 02:00 PM
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About 4 years. Long enough to deal with mcs, Lps, etc. Msi by far best one I've worked for
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post #9 of 19 (permalink) Old 07-09-2018, 08:55 AM
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I've never had any issues. If you turn in quality work and on time and have good communication they treat you right.
People i gather info from on them...solid as they come...when this gal says there is an issue folks should tread lightly and be careful...
Just sayin'

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post #10 of 19 (permalink) Old 12-01-2018, 04:14 PM
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Did you ever get paid? I am still waiting on pay and need some advice as to how to move forward. Thanks
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