How to Collect Money From a Bad Check

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How to Collect Money From a Bad Check – This is a place for the community to provide tips and advice on How to Collect Money From a Bad Check. This topic was created by Mauro Ingegneri and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - What To Do If You Receive a Bad Check

Published: 9 years, 5 month(s) ago | Submitted by Philippe LESELLIER | permalink

Even though you take all reasonable precautions, a bad check will occasionally slip through your system. A bad check can bounce if the customer has insufficient funds in their account, or if the account has been deleted or closed. There are several solutions that apply primarily to bad checks by individuals including calling the customer, sending a certified letter, or contacting the bank.
Tags: Bad Check, Bad Checks, Bounced Check

For further reading: http://law.freeadvice.com/general_practice/contract_law/contracts_checks_insufficient_funds.htm ^[1]

Tip 2 - How to Collect Money From a Bad Check

Published: 9 years, 5 month(s) ago | Submitted by Trina Sheppard | permalink

Most check writers don't intend to write bad checks, but everyone makes mistakes now and then. While it's nice to think that collecting on a bad check is as easy as calling the check writer, one phone call may not resolve every incident....
Tags: WikiHow, Collect Money From a Bad Check, wiki, how to articles, how to instructions, DIY, tips, howto, learn, how do I

For further reading: http://www.wikihow.com/Collect-Money-From-a-Bad-Check ^[2]

Tip 3 - How to Collect on a Bad Check | eHow

Published: 9 years, 5 month(s) ago | Submitted by Alexandre Emeryk | permalink

Whether you are running a business or acting as an individual, receiving a bad check can set your account back. Within three days you will be notified by your bank if a check was bad. You are then charged a fee from your bank of $25 or $35 to cover paperwork. Then it is up to you to pursue your money from the individual that wrote it out to you or...

For further reading: http://www.ehow.com/how_4475256_collect-bad-check.html ^[3]

Tip 4 - How to Write a Letter to Collect Funds on a Bad Check | eHow

Published: 9 years, 5 month(s) ago | Submitted by Jeff Janke | permalink

One of the most frustrating aspects of running a business is dealing with bad checks. Dealing with returned checks can be a complicated affair. The most common issue business owners and managers face is how to broach the subject with a customer, especially if he is a regular one. Perhaps the most common and courteous way to collect funds is with a...

For further reading: http://www.ehow.com/how_4884295_write-collect-funds-bad-check.html ^[4]