Results 1 to 8 of 8
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06-22-2017, 09:13 AM #1
Katz Collission Ohio
Has anyone else recently had issues funding this merchant and getting paid back? He took 25k and put a stop payment through his bank after less than a month of repayment and we have learned he took additional funding soon after. We are trying to clawback broker and figure out next steps. The response was he was petioning for BK and prior reason was family matters. Feel free to PM me if you have had similiar recent issues with said merchant.
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06-22-2017, 09:24 AM #2
Reputation points: 99426
- Join Date
- Sep 2012
- Location
- New York, NY
- Posts
- 1,780
Hope you had a signed COJ
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06-22-2017, 09:54 AM #3
Reputation points: 101
- Join Date
- Jun 2017
- Posts
- 7
Hes an MCA Veteran he must have had a coj. This deal sounds very familiar.
Sincerely,
Eric Levy
VP of ISO Relations,
Crestwood Capital Services, Inc.
516-203-4488 929-245-7503 732-601-3196
admin@crestwoodcapitalinc.com http://www.crestwoodcapitalinc.com/
125 Baylis Rd. Melville, NY 11747
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06-27-2017, 04:40 PM #4
A second deal, from same broker has defaulted (Strike Zone). We tried to be fair to broker to payback the claw back but he refused. Anyone else have issues with EJAA Consulting/Jim Pepio on this matter? What are folks doing to claw back brokers who brought deals that default under the 30 day period (demand letters, suits, etc) . Yes, COJs were part of the deal.
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06-27-2017, 04:55 PM #5
Reputation points: 8424
- Join Date
- Aug 2014
- Posts
- 194
All you can do is blast him on ripoff report and learn from your mistakes. Also can you send them a 1099 for both the commission and clawback??
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06-27-2017, 05:23 PM #6
Reputation points: 307559
- Join Date
- Jun 2015
- Posts
- 3,324
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06-27-2017, 05:50 PM #7Karen37aGuest
If that broker is going under you are sol.( and I am not collections **)
The merchant different story. I wouldn't blast the name of the Merchant in collection: Fair debt collections practice act. FDCPA, FDCRA
emailed you on a possible solutionLast edited by Karen37a; 06-27-2017 at 07:22 PM.
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06-28-2017, 01:17 AM #8
Reputation points: 18402
- Join Date
- Apr 2014
- Posts
- 781
Stay away from ejaa..pepio..I'm not suprised. My friend had dealings with Jim pepio and after getting stiffed commission...went his own way.
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