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A few things , if you start a class action suit and the only people that get paid are the lawyers. I wish ibill would post more info but lets be real they havent ever been quick on giving out info even when they were paying on time. I think that the new person is right that they still have eu and gkard . Alot of people pulled out from them that is a hit. Their operating expenses have to come first if they are to continue. It sucks for us waiting to get paid but the longer they last the better the chances are of getting your money. End of march is the end of the 6 month holding period for first data so that money will be freed up. If you cant pay your bills its time to think of other options til the money starts flowing again.
To start law suits : A: will not get you your money and they cost money to start
B: will create expenses for ibill where say in a month they could be a steadier ground. Now they are paying all kinds of lawyers fees to defend against law suits. Where say in 60 days everything maybe solid creating more costs could drive them into bankrupcy and then we dont get dick.
The problem is the recurring model makes you bonded to whatever processor you choose. If there were no recurring it would of been interesting to see what the third party processing business would of been like.
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