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Originally Posted by POed-poster
Well said. There are indeed banks out there still holding ibill money. If ibill goes down, they aren't gonna get it. If you happen to prevail against them in court, at least you'll be at the top of the list. I just wish you didn't need a lawyer to go after them. The matter shouldn't require an attorney. It can be demonstrated that they owe money and that they haven't paid. How coulkd ibill attorneys talk their way out of that?
If anyone is interested in forming a class action suit against them, to share some of the fees, LMK.
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Class actions are too slow and cumbersome in this case - and the only people to gain are lawyers. It also depends on a court willing to listen to this action.
There is nada chance of iBill contesting funds which are payable to webmasters - btw - grab screenshots of the total CMI, including past promises and the obvious bs in the "updates".
If you want a Florida attorney who is familiar with iBill and currently handling several issues, contact:
Hillary Kaps
Rumberger Kirk and Caldwell
Miami - 305-358-5577
Totally agree that this should not reach the level of lawyers. iBill supposed to be a US payment processor operating under the laws of the US - not acting like some fraudulent corp in a bannana republic. It's only a matter of time - tomorrow sounds good to me! :-)
BTW... Don't care which payment processor - they are all in the same boat as far as any security to clients. Third party processors in the US need controls/insurance/oversight on em - there is none. No other country in at least the industrialized world would permit this situation.
Instead of pandering to VISA I'd suggest they get off their asses and start pandering to clients who are risking their biz by dealing with these "third party processors" and that they provide some form of third party guarantees/insurance to webmasters.