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If a client’s cheque is returned “Not Sufficient Funds” (NSF) after disbursements from trust have been made, what should be done?

April 26, 2017Cheque client disbursements NSF RETURNED Trust

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If a client’s cheque is returned “Not Sufficient Funds” (NSF) after disbursements from trust have been made, what should be done?

1 Answer

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10 Posted

Any disbursed funds must be replaced immediately from the law firm’s general account, including any bank charges for handling the non-sufficient funds (NSF) cheque. After funds have been replaced into trust, reimbursement from the client should be sought as soon as possible.