All Forum Posts by: Jay Kaufman

This was posted on erentpayments news page Oct 13 explaining the delayed paymentsNews

We regret to inform you that our payment processor, eCheckit, has informed us that it expects to file for bankruptcy protection shortly. We are told that it suffered losses due to a fraud and that its processor, Check Commerce, has held over $4 million of it's funds and will not release the funds to the intended recipients at this time. Please note that eRentPayment had nothing to due with the fraud eCheckit suffered. It was apparently caused by another client of eCheckit.

The transactions potentially affected were submitted after approximately 7:31:00 PM (Pacific time) on 10/03/2017 through approximately 7:01:33 PM (Pacific time) on 10/12/2017. Any transactions submitted after this time period should not be affected as they are being processed through eRentPayment’s new direct bank relationship. Similarly, any future transactions should not be affected as they will be run through the new direct processing relationship.

We do not know if or when Check Commerce will send the pending transactions to the recipients. Accordingly, you should consider your options including having the tenant contact his or her bank to request the transaction be reversed. Specifically, the tenant may initiate a return for an ”Incomplete Transaction.” We understand that the return code for this is “R10” and the bank will require a written statement from the tenant. Also, the tenant will have a limited time period to request the return from his bank, usually within 60 days from the date of the transaction.

We are contacting the Attorney General of Arizona, NACHA, and reviewing legal action against the relevant parties.

When we have more information, we will let you know.

Published: October 13 at 7:33 PM

Shorted out the motherboard on the boiler...

which I was told shorted out 2 other parts.

I was told that the polarity was set up reversed when the boiler was installed...when it was changed at the circuit box but not the boiler the parts "fried"

The contractor did thousands of dollars in repairs at the property.

The electrical work was done by the contractor's recommendation.

The electrician was hired by my contractor...

There were no permits. The contractor did not recommend any.

My feeling if he does not take responsibility...it will be the last job he does for me

My contractor did some rewiring in the utility room of one of my rentals.

The rewiring caused 720.00 in repairs to the boiler.

He claims there is no way the electrician could have known that when he straightened out the polarity on the circuit to the boiler that boiler was wired the opposite way.

Which caused 3 parts to fail & 180.00 in labor.

My question. who is responsible for the repairs...

Where do I get deposit only ATM cards?

How do they work?

What are the risks?

Thanks

Makes sense...I was diappointed that the high bid was not enough for the seller.

I had the higheast bid on a online action through Hudson & Marshall. I when notified I sent in the contract & 2500.00 in a certified check. This morning the seller countered...This is my 1st time with on line auctions...do I counter with a lower number or do I accept?