Fyi to newer contractors - this is chargeback season - REO Property Preservation Forum
 
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post #1 of 4 (permalink) Old 10-19-2015, 07:16 AM Thread Starter
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Fyi to newer contractors - this is chargeback season

Hey everyone, long time since I've been here. (injured myself in soccer game and can't sleep).

I'm no longer in this business but thought I'd share some advice.

Right now, this month through December, is chargeback season.

All the national's clients go through each job and figure out a way to screw you out of your money and charge you back. Depending on your volume with nationals, you could lose $1000 to $20,000.

What can you do about it? Absolutely nothing. You can come here and complain about how unfair it is and such but your not getting your money back. There has never, ever been a case of a contractor winning their money back from a national in court. You signed a contract that says they can do whatever you want whenever they want.

So what can you do about it?

Don't quit. If you quit, you goto the front of the "fuk-this-guy-over line".

Instead, take a leave of absence, your sick, injured or something and temporarily stop taking orders. Collect as much money as you can. Do this until they let you go. Don't burn a bridge. You might want to return under a new company name.

If you think I'm not being truthful, ask an old timer. This is the time of year that contractors get screwed.

Find another industry to work in or find a way to stop working for nationals.
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post #2 of 4 (permalink) Old 10-19-2015, 10:15 AM
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We have been hit with about 25k in charge backs and a few perform work at your own expense orders as well.

tis the season.
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post #3 of 4 (permalink) Old 10-20-2015, 11:24 PM
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Originally Posted by foothillsco View Post
Hey everyone, long time since I've been here. (injured myself in soccer game and can't sleep).

I'm no longer in this business but thought I'd share some advice.

Right now, this month through December, is chargeback season.

All the national's clients go through each job and figure out a way to screw you out of your money and charge you back. Depending on your volume with nationals, you could lose $1000 to $20,000.

What can you do about it? Absolutely nothing. You can come here and complain about how unfair it is and such but your not getting your money back. There has never, ever been a case of a contractor winning their money back from a national in court. You signed a contract that says they can do whatever you want whenever they want.

So what can you do about it?

Don't quit. If you quit, you goto the front of the "fuk-this-guy-over line".

Instead, take a leave of absence, your sick, injured or something and temporarily stop taking orders. Collect as much money as you can. Do this until they let you go. Don't burn a bridge. You might want to return under a new company name.

If you think I'm not being truthful, ask an old timer. This is the time of year that contractors get screwed.

Find another industry to work in or find a way to stop working for nationals.
Don't accept a charge back unless you gave wrong info and/ or didn't perform the job correctly.
Just cause you signed a contract does not give them the right to screw you
Have some balls and sue them if they try.

Stop living in fear and fight for crying out loud.

Start being like Tom Brady a winner and wont take being screwed
he has a union contract so don't believe the nonsense nothing can be done
deflate a national
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post #4 of 4 (permalink) Old 10-21-2015, 07:55 AM
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The only chargebacks that you should accept are

for services you actually performed, or charged for. After 90 days you should not accept them. All the "you didn't report a water stain in the back bedroom closet, during your last grass cut" is a pile of hooee. You have no liability for damages not caused by your negligence, and the burden of proof is on them. Unless you are the realtor,an engineer, architect or insurance professional. That's another ball game, and you have errors and omissions exposure. As a service contractor you have no liability for jobs you have not done, or jobs you have not bid, especially when they are uncompensated adhesion to unrelated work orders.

Will they try to pass their liability down the chain,sure they will. This is the liability of the national. There is a very simple line of questioning, that blows their case right out of the water, and opens them to your added charges. I will not share it.

When I go to the local court with no lawyer for $30 and get a judgement, add my markup and penalties,bookkeeping fee filing fee etc. It will be worth the wait.

Also, late payments from companies I am dropping get some other special treatment. One day late, the letters go out. I don't play with these scumbags. It's the only thing they understand.

People roll over for them all the time. I'm not that guy.
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