Tags:
Permalink Reply by Lance Nimmo on April 25, 2012 at 3:00am no kidding! I signed Dec. 17th and still haven't been paid.
Permalink Reply by Drew on May 23, 2012 at 4:02pm
Permalink Reply by New Bedford landowner on May 31, 2012 at 2:40pm Can you give me the phone number that you have for Shell? I'm getting the same no info on our account.
Permalink Reply by Drew on May 31, 2012 at 4:14pm
Permalink Reply by New Bedford landowner on May 31, 2012 at 8:01am We signed our lease with Shell on Feb.7. They filed at the courthouse on March 8. We need them to cut us a check because our bank doesn't have the capacity to deal with the Bank Draft. We were told that was no problem, but we still haven't been paid. When I call all of the numbers that I have for Shell, and contact our Landsman, we get the runaround! Any suggestions as to what to do next?
How about come on here and make up a better anti-Shell story.
Your bank does not have the capacity to deal with the bank draft????
Permalink Reply by Jack Straw on May 31, 2012 at 9:24am
Permalink Reply by New Bedford landowner on May 31, 2012 at 2:38pm wow...you're intelligent. Yes, we use a Credit Union and they do not accept the bank draft. Did you think I made it up? Now does anyone have anything useful to tell me? Like a phone number?
Permalink Reply by Frank Walker on May 31, 2012 at 11:29pm Sorry cannot assist. I use credit unions, too, BTW. Nothing wrong with that.
Thing is:
A draft is not real money . . . though it can become real sometimes at the discretion of the issuer.
A check is real money which can impose rather a burden on the issuer in short order.
In my lease I specifically stated all payments were to be by cash, cash equivalent, or bank check. Your lawyer has really let you down on this one, to have allowed you to sign a lease wherein drafts are allowed. I would not use that same lawyer again. He or she should have know better than this.
Your best recourse now, with the horse out of the barn, might be to open an account at a financial institution which can handle drafts, then deposit your draft there. But that certainly will not guarantee you eventual payment. Drafts are an old ruse. They are a joke.
To be brutally honest, I'm surprised Shell tried to pawn off a draft on you. They must think you're really behind the curve. Course, like I said, this is your lawyer's fault, not your's. What an idiot!
Permalink Reply by New Bedford landowner on May 31, 2012 at 2:41pm Yes, it's a Credit Union. .....Not an anti-Shell story.
Permalink Reply by SBRW on June 1, 2012 at 12:55am Our bank didn't deal with bank drafts either nor if you can believe this never heard of them or have dealt with them. They even said it was a scam (the bank draft). Go to a larger bank - we ended up using S&T bank and get this they all had a meeting on dealing with bank drafts when all this leasing started. So go to a larger bank and open up a account. As far as a number just call the number that is on the draft-letter and they should tell you when your payment will be. From my understanding they get a notice on certain dates on who to pay.
© 2025 Created by Keith Mauck (Site Publisher).
Powered by
| h2 | h2 | h2 |
|---|---|---|
AboutWhat makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen. [ Read More ] |
Links |
Copyright © 2017 GoMarcellusShale.com