Sarah Bird, COO over at SEOmoz posted an article today about collecting payments from a client that is past due. Besides being the COO, Sarah is also a lawyer that has “the challenging task of keeping mozzers on the right side of the law” - are there a lot of SEO agencies out there with an on staff lawyer? Anyways, being a lawyer, she is able to provide valuable adivce on the legalities of marketing tactics and business practices.
With the economy the way it is, more and more companies won’t be able to pay their bills. This can include your client or the merchant running an affiliate program or maybe it’s you not making the payments. Whatever the case may be, knowing what rights you have to collect can help you get all or at least part of your hard earned money.
I recommend reading the entire article, but to give you a brief summary, your first steps should be:
- getting a personal guarantee
- getting a promissory note.
If you’re still unsuccessful at getting paid, then you have some other options:
- Using a collection agency
- Taking the other party to small claims court
- Having your attorney send a debt collection letter to them
- Having your attorney file a lawsuit against them
- Let it go.
Related posts
