I worked for an insurance company finishing year and they want money posterior?
I worked for an insurance co. last year and quit because they lost several clients' premium checks, thus, costing me commission. They have already paid me member of the commission up front, but I left kinda p.o.'d, so I didn't wages the money back. I received a ring from a private investigator today threatening legal handling if I didn't pay the $1,600 fund. Is this just an useless threat, or should I really be worried about it? I assert that most of that money was lost because of errors on their slice, but I guess that dosn't make a difference. What to do? Thanks
Answers: This is not an worthless threat. They will take permissible action. You could closing up paying them the 1600 + their legal expenses.
If they advanced you commission money and the commission be not later earn (regardless of who's errors caused that)- after you need to repay that money back. By failing to settle up them the money back - you are embezzle from them.
A private investigator? Sounds like they have Ernie in accounting pretend he be Magnum P.I. and give you an intimidation ring up. When you say "they lost the checks", do you expect that the physical checks were lost, or that the settlement got cancelled? If it's the first one, consequently it's certainly not your problem and the commission money is yours. If the deal fell through, then you don't enjoy claim to the commission. If you feel that you enjoy legal claim to that money, afterwards just sit tight for presently and see what happens. If their legal representative sends you a letter, later find a lawyer of your own, or salary back the money (depending on what the advocate fees will cost you...) Good luck!