After our recent fun with iBill - at this point I strongly suspect they'll be going under very shortly in the new year.
Up until now, not paying revenues that were owed since last Sept/'04 was a different matter than bouncing cheques (which is what they did with us recently). Not paying is obviously a bad sign, but issuing fraud cheques takes it to a more imminent level IMO.
My advice to everyone at this stage is re-double whatever efforts you are making in attempts to get what is owed to you...before its too late. iBill defended the bounced cheque over the phone with me as "a legal glitch" - an amusing business euphemism.
If you have the financial resources to hire an attorney - do so ASAP. There are lawyers in Florida that will work based on a percentage of the revenue settlement.
Hound iBill mercilessly with daily emails and phone calls. Don't take no for an answer. And as tempting as it is to flare up and start firing a bunch of profanity at them - it won't help your cause. Demonstrate that you're a more professional business person than they are and keep it civil. You'll catch more flies with honey than vinegar.
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