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the etiquette of outstanding balances


The current economic situation has created a problem I've never had to face
before. Help! One of the publications I contribute to regularly is falling
behind in their payments to me for work they have already published. Last
month they finally brought an $800 balance down to $500. I would like to
take a break from writing for them until they catch up a bit more; I'm not
comfortable holding an outstanding balance that high, much less adding to
it. 

 

If the worst should happen and the publication folds, I don't want to be
that sucker sitting on hundreds of dollars. On the other hand, I have a good
working relationship with the editorial staff and don't want to contribute
to their difficulties. In the three years I have been with them they've
always treated me fairly. If I do take a break, should I be honest and tell
them I just can't maintain an outstanding balance that high? Or would that
be insulting?

 

I could really use advice from those of you on both sides of this: writers
as well as editors/publishers.

 

Wendy

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