You’ve taken all the necessary precautions, but once in a while, you may be handed a check that will bounce when you try to cash it. It goes without saying that this is bad for business, as it can negatively affect your cash flow. But there are things you can do to protect yourself and deal with collecting on these non-sufficient funds through the use of a NSF check letter. There are a few solutions that can appropriately deal with bounced checks coming from individual customers, including the following:
Call the Client
Perhaps the customer is unaware that their check bounced, or unaware that they had insufficient funds to cover the check. Try calling the customer first to let them know, and politely ask that they make good on it.
Having you customer’s contact information is vital in a situation like this, if the law in your area allows it. Just be careful how often you contact the client, as laws can limit what you can do to collect your debts. If calling the customer is not an option for you, you may need to send a NSF check letter.
Sending the NSF Check Letter
When you must send a NSF check letter, make sure you include a return receipt, with the request for payment on the NSF check. This will help in case prosecution ensues should the person who wrote the check intentionally tried to defraud you. If you send a written demand for your payment, it may help you to collect damages in court.
Should you need to go beyond the NSF check letter, and if the person intentionally wrote the bad check, that’s considered a crime and can warrant prosecution. A written notice will come in handy should the situation turn out this way. However, it is important to remember that the NSF check could have been nothing more than an honest mistake. The police department will inform you if a notice must be sent before prosecution.
Call Global Check Recovery
If calling a client won’t work, and sending the NSF check letter has not given you the results you need, call us. We’ll represent the check for payment and get you the money you deserve. When you decide that a phone call and NSF check letter just aren’t cutting it, that’s when you know it’s time to enlist in our help. Find out more about the services offered at GlobalCheckRecovery.com and let us start helping you today!