Does the check have a low number or no printed number? About 90% of bad checks are drawn on new accounts. If check numbers are lower than 125 or are handwritten, use extra caution.
Is the date on the check accurate? A postdated check may be a defense under California law.
Does the word amount match the number amount?
Does the name of the payee appear to be changed?
Is the check imprinted? Does the signature match?
Always insist on identification. Write information on the front of the check. Bank stamps may cover up valuable information written on the back of checks. Write the initials of the check-receiver on the front of the check.
If a check is ineligible for the District Attorney Bad Check Program, you may consider small claims action or private collection efforts.
CHECK ACCEPTANCE TIPS
- A clearly posted check acceptance policy can help reduce your losses.
- Accept checks with today’s date ONLY. Post-dated checks are not eligible for the District Attorney Bad Check Restitution Program.
- Trust your instincts! Ask questions or ask for another from of payment.
If you have bad checks and looking for a company to collect your bad checks for free then visit my website at www.collectitquick.com for more information on our program.
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This entry was posted on August 28, 2009 at 7:22 pm and is filed under Bad Check Collections. You can follow any responses to this entry through the RSS 2.0 feed.
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