Who Retains the Paper Check when Electronic Recovery is performed?
ReChek retains the paper check while electronic or traditional recovery is in process, as per federal regulations. If we are unable to recover a check and it is filed with your county or parish, those officials will have possession of the check until the check writer is caught and pays for the check or until the statute of limitations runs out.
Related Questions
- Paper processes related to hiring will be difficult from far away. What will be the resources for finding electronic ways to do business to solve there problems?
- Why move from pencil and paper lab notebooks to an Electronic Lab Notebook (ELN)?
- How long should a Metis settlement keep its paper/electronic records?
