Banking
I am an attorney seeking information about how the banks are abusing contractors..I am particularly interested about how they are not paying for work that you did, charge backs, and generally allowing contactors to do work, but then not paying them for it.
please call or email me
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Honestly: I have read most of the inputs and cannot figure out how high the levels of judgments are. I cannot honestly say Management Contractors are always right, however, the blame cannot always be placed on the Management Contractors. The blame should always goes in both directions. Field Contractors accept the agreement to work and then bring up a 1000 questions after words which should have been discussed prior to indepth communications and business transactions. Either way, you asked an open questions which increases your chances of judgemental responses instead of facts. No insult intended, however fact is your interests are warranted.I to am researching the same relative questions you are.
Property Preservation is a hard industry to work in. You are judged from all directions. As with any business respectively, speaking directly concerning for-profits, the idea is to make a profit. Field Contractor forget the levels Management Contractors have to go in order to secure the Contracts. Management Contracts are also not as respective as they should by the banks. Its obvious Contractors are seeking profits as most should. Taking the time to understand why Wal-Mart does not make their profits transparent is the same as the Management Contractors doing the same. Field Contractor demand to know the amount of profit being made by the Management Contractor in order to review whether or not the Field Contractor is not getting screwed. I guess it should stand to reason, we should ask the Wal-Mart Management to see how much they make off our purchases. Listen, this is not going to happen.
When Field Contractors understand that they are not always right and the Management Contractors understand the amounts of revenue being spent to handle these properties, aspect of maintenance will be better view.
Under my research, I have found that most of the blame lies on the Government who controls the amounts paid to banks due to the bail-outs. Chase had and is still having a serious issue with getting their debts paid. They still own millions to Management Contractors for services rendered. I tend to ignore the trouble makers as I have serious research to complete, not judgemental answers. I can almost promise a large number of responses from this information. One other issue; many who respond are not Field Contractors at all, they are previous homeowners who were evicted for non-payment. I have found many are angered for being evicted. I myself have been searching for a bank who would not mind a homeowner just living in the property without paying a dime which creates debt to the bank and a loss of to the investors. More over, the Homeowner has had difficulty due to the economy. Interestingly enough, I have reviewed many homeowners slandering the bank for the eviction. I guess the homeowner expected the bank to let them live there for free. Some of my research may look the same as yours, if the individual does not get their way, they have to lash out in justifications to make the bank look bad. I myself cannot imagine allow an individual to live in my properties without paying. The damages would be overwhelming.
If you respond, I will forward any research I have collected.