Airing Your Accounts Receivable Problems In A Public Manner

accounts receivableAs pointed out in the Wall Street Journal article “Web Site Lets Businesses Expose Deadbeat Customers“, there is a new way to vent your frustrations towards non-paying customers.   The website, Uradeadbeat.com, gives you an avenue to post complaints about customers or businesses that owe you money.

I can’t seem to decide where I stand on this idea.   On one hand, this may be a good way to get someone to respond to you that normally you could not get into contact with.   If they get upset, maybe they will contact you and you will be able to work out some sort of payment schedule. On the other hand, do you really want to have that reputation?   That one false move when doing business with you and they could end up plastered on some website labeled as a “deadbeat”.   Yikes!

I’d love to hear everyone’s different opinions on this.   With the current economic crisis, businesses will be looking to collect on their debts and if desperate, it could get ugly.   Would you ever turn to using a website like this to collect on your receivables?   Even as a very last resort?