jimmymunce
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posted on December 23, 2000 03:33:52 PM
I was wondering if anyone has information regarding a collection agency that will assist in recovering payment from non paying bidders. Several of my auctions are somewhat high end ($200-$400+). A NPB complaint does not seem to hold alot of weight and a negastive feedback war does nobody much good. Since these auctions are clearly stated as a legally binding contract, I would like to collect these payments as they are starting to make quite a dent in my income. I saw a post several months ago but cannot find it again.
Thanks in advance!
Jim
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twelvepole
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posted on December 23, 2000 03:36:18 PM
Good Luck, they wouldn't pay you; why would you think they would pay a collection agency?
Ain't Life Grand... 
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rarriffle
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posted on December 23, 2000 05:21:24 PM
Even though it is a legally binding contract, they have not received any goods or services yet. Doesn't the law allow you to void a contract within 3 days of purchase? Just a question, I am not sure of the answer. I know when it comes to high dollar items, such as a car, you can back out within 72 hours without stating a reason. IMHO since they have not received the item, they can back out of the contract.
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dman3
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posted on December 23, 2000 06:01:25 PM
I think this is what you are looking for.
http://www.madagency.com
These people will run collection on your dead beat bidders.
It is true in some states you have 48 hours to back out of most contracts but this must be made clear in writeing or by phone within 48 hours not just by Just ignoreing The person you are contracted with.
If you went to a car dealer and made out a contract to buy a car signed the papers put up the down payment and gave them money for tag title and your insurance card and all you cant get out of this deal just by not going back you must call or go back to the dealer tell them you changed your mind if you dont within 48 Hours you will own the car and owe the bank the car loan and interest.
Just ignoreing the contract you entered dont make it go away in 48 hours you must give write or verbal notice.
Mad agency will send out collection notices out to your dead beat bidders they will get there phone number and call them at home if they cant get you your money they dont charge nothing they will also add Notices on credit reports of anyone they cant get to pay up.
Bid are legal binding contracts and if you are not contacted within 48 hour of there decitions not to buy they bound to there bid on small items and winning bid collection arent really worth the money or time but on biger ticket items they really are a good Idea.
http://www.Dman-N-Company.com
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twelvepole
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posted on December 23, 2000 08:13:46 PM
Without a SSN how do they add anything to their credit report? and do you know how easy that would be to dispute... LOL
Ain't Life Grand...
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twelvepole
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posted on December 23, 2000 08:28:18 PM
Also if by some small miracle they were to scare the bidder into sending the seller some money, the seller would be obligated to send the item immediately. Even if they were making "payments".
Ain't Life Grand...
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dman3
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posted on December 23, 2000 08:38:38 PM
Peoples SSN is not that hard to get it was never met to be used as Identification but these days this number is used to Identify each of us in many ways.
Not even sure a SSN is needed to file on some ones credit report , I know its needed to get there report.
http://www.Dman-N-Company.com
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shop4shoes
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posted on December 24, 2000 11:15:36 AM
A social security number is not needed to get a credit report. In Florida you can't require that the person applying for credit give you one. They use other means to get a credit history.
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dman3
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posted on December 24, 2000 11:51:30 AM
twelvepole:
Rather then question how you should go to the angents web page and read about it your self.
The buyer would pay the collection agent not the buyer in this case the agent would notify you when they are paid and send you your money and bill you for there services in this case they act like an esscrow service.
The sell sends the buyer nothing untill they are paid in full
http://www.Dman-N-Company.com
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reamond
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posted on December 24, 2000 01:21:47 PM
Where did you folks get the idea that a bid on eBay is a legally binding contract ?
The only entity to say this is eBay and they are no legal authority.
If you think an eBay bid is "legally" binding, better think again.
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dman3
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posted on December 24, 2000 01:53:04 PM
Online auction sellers have a right to collect and be paid for winning bids no matter if you call it a legal binding contract or what ever any one thinks, online auctions are big business today genorateing billions in sales now .
collection agency are going after dead beat buyers check bounces and so on for your payments online sales are as legal an agreement to buy as any other sale out there today.
Ebay is claiming to be only a venue to bring buyers and sellers togeather this means it is up to the sellers to set up there own business plain and collection method collection agency are just one in a line of may legal ways to get Buyer to start understanding this is serious business and online auctions are not just a place to waist an hour or two placeing bids like these sites are just some huge wish catalog they have no intention of paying for.
after enough of these dead beats start receiveing mail from collections phone calls at work and home and start getting these actions on there credit record I garentee many will stop bidding just for kicks ignoreing the end results.
As well Online auctions and all online purchases now make up a huge chunk of the Economy bids are very legal Agreement to purchase and sellers have a right to take action to collect these unpaid debts.
Anyone who belives a multi billion Dollar industry with more then 20 million users is not a legal business with legal rights to collect debts had better think again.
http://www.Dman-N-Company.com
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twelvepole
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posted on December 24, 2000 03:00:43 PM
A bounced check is not the same as not paying.
For not paying the deadbeat has no merchandise, or has indicated that they agree to the terms of sale. Very tough position for an online auction seller, but I really don't think a seller understands what they will be starting if they get collections involved. Yeah d-man dotcoms are such a big part of the economy that many are going belly up every day. Also now that you want eBay as part of your business it is a "Large" business instead of just one seller and one buyer?
No a collection agency wouldn't be an "escrow" service and the seller would be obligated to ship the item to the bidder before paying.
Also an "addition" to a credit report could easily be disputed and erased because of no
receipt of goods. The seller couldn't claim they had the item and refused to pay now could they?
Edited to add: I looked at the web site and it does not appear that non-payment for auction is one of the items...bounced checks are but, usually in those cases the person has recieved the goods. In this case the person HAS NOT received any goods or service. So you want to start using a collection agency start shipping before payment.
Ain't Life Grand...
[ edited by twelvepole on Dec 24, 2000 03:04 PM ]
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reamond
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posted on December 25, 2000 04:29:45 AM
"Online auction sellers have a right to collect and be paid for winning bids no matter if you call it a legal binding contract or what ever any one thinks, online auctions are big business today genorateing billions in sales now ."
Online sellers have no "right" to be paid, they merely have a "wish" to be paid. A "right" has the force of law, which at present does not include online bids.
There shouldn't be a bad check problem if you wait for the check to clear before shipping.
[ edited by reamond on Dec 25, 2000 04:32 AM ]
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