Loan Modification Commission / Non-Payment to Contractor
Rod Haglund contracts with a company to perform "intake services" for his loan modification business. He collects up front fees directly from clients ranging from $[protected].
When client payments clear (checks or credit cards) Haglund pays the company I work for, and then I am paid. In my particular example, the client's payment cleared the bank on 8/10. By contract between Haglund and the company I work for, payments cleared on the 15th are paid on the 30th.
As of 9/3/09, I have received NO communication about this payment. No reply from Haglund confirming or denying payment.
I am NOT THE ONLY INTAKE OFFICER waiting to be paid. In fact, my company has advanced multiple thousands of dollars to intake officers after receiving assurances that Haglund would pay.
How can anyone expect Haglund to be able to negotiate a loan modification for them if he can't even handle his own finances?