How Do You Collect On A Bounced Check?
When receiving checks from your customers as payment for products and services, you may encounter a bounced check. A bounced check is a check that was not honored by the customer’s banking institution for a specific reason such as insufficient funds to cover the purchase or the customer stopped payment on the check. If you have received a bounced check, there are general protocols established by your local district attorney to help you get the money due to your business and to get professional check bouncers off of the streets. Contact the check writer if there is a telephone number listed on the check. You should also mail a certified letter to the check writer at the address specified on the check. Advise the check writer that the check he submitted for his purchase was not honored by his banking institution. In some cases, the check bounced because of an honest mistake on the check writer’s part. Ask the check writer to bring in payment for the goods or services he received, in addi
