Client wont pay.
Out of context: Reply #17
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- jett0
Believe it or not, debtors have legal rights as well. Read up. Be very careful how vigorously—and with what level of animosity—you pursue the issue. Without a lawyer in the mix, you could actually find yourself in worse shape. Harassment and lines like "I just want to hurt them" could land you in a place you'd really wish you'd have let the $300 go.
Also, as to the taxes, my experience has been that you can write off the lost collection of wages, and it diminishes your overall taxable income. However, it doesn't come out of what you'll owe the IRS.
In 5 years, I've had only one legitimate client fail to pay, and in the end I spent way more money and emotion than they owed me chasing it around. It's hard to swallow, I know. It's theft. Sometimes there's nothing you can do though. File a report, leave it at that.
Hope it helps.