Any business litigation attorneys here?

[Schmo]

good on you!

Indeed! Thanks to @Q_Sertorius! He gave me some direction and answered questions. Very kind of him

 

[gbflyer]

90 days isn't super uncommon unfortunately. They keep your money in play as long as possible. Just about the time you're ready to go turn someone's desk over, a check shows up.
Keep after them.

 

[Schmo]

90 days isn't super uncommon unfortunately. They keep your money in play as long as possible. Just about the time you're ready to go turn someone's desk over, a check shows up.
Keep after them.

I won’t argue that point, but why then sign a Net 30 agreement? What good is it?

 

[gbflyer]

I won’t argue that point, but why then sign a Net 30 agreement? What good is it?

To get guys like us to do the work. Haha.


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[The_Jim]

I won’t argue that point, but why then sign a Net 30 agreement? What good is it?

We've had them try to take the 10 day discount after waiting 30 days to pay multiple times. They act surprised when you get upset, but I'd like to see their reaction to someone f'ing with their paychecks.

 

[CorbLand]

I won’t argue that point, but why then sign a Net 30 agreement? What good is it?

We signed a contract with a company to remove a massive metal railing. The contract was, the contractor removes the railing including the posts concreted into the ground and he could keep all the metal for salvage. We didn’t pay him for the work. There was high 5 digits worth of metal there, possibly even 6 digits.
The contractor came in, cut the post off at the ground, took the metal and left. Never took out the concrete. We took it to our legal team, last I heard, we weren’t pursuing it.
Now, we get to pay another company to come in and remove the concrete.

So why do companies do it? Because nothing ever comes of it. It costs more in legal fees to do anything so sign away, hope someone doesn’t come after you because the likelihood is basically 0.

One of the funniest things I deal with is when companies put net 30 on their invoices. Then they call me asking why we haven’t paid and it’s only been 7-14 days. Uh, we have 30 days to pay you, per your terms, so that’s why we haven’t paid…