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From what we have been told, First Data still owes iBill money, but it is still unsure when the money will be released. I would hope that regardless of what happens to iBill that the webmasters will still be paid. That would seriously suck if they didn't. I don't see why they wouldn't though because bottom line is that the money First Data has doesn't belong to them.
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We may work at iBill but believe us, we're on your side. We probably can't answer your technical questions, but we can certainly commiserate with you.
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