posted on September 24, 2001 07:33:20 AM
Could someone tell me what steps to take to recover on a bad check? She doesn't answer emails and already has the merchandise (PLUS a positive feedback). I think there is a way you file a complaint with the police or the post office, but I never needed to know until now. A friend is having a problem collecting and I am trying to help.
posted on September 24, 2001 08:55:15 AM
I was having a problem with a $7.49 bounced check which was not worth sending in for collection when I receive so few. Anyway I waited for about 60 days and then called their bank to verify funds. I did this right after the 15th of the month or a Friday which is when a lot of people get paid. I asked the bank to verify that there was $7.49 in the account and re-deposited it with my bank. It cleared!
I am sure the buyer thought I had totally forgotten about it by then. I bet they sure were surprised!
posted on September 24, 2001 12:13:25 PM
kasue - I have used MAD Collection Agency and they can be effective. A much quicker method I have used is a check recovery service. The company I used is very successful for collection of bounced checks as they do everything via ACH processing. I sent them the bounced check (original) and they collected it in less than a week via electronic debit from the deadbeat's account. They can either deposit the funds into your account, or can send you a check. If you would like information, I can provide you with a name and contact #. I was extremely pleased with the service, and the quick turnaround. Email me at [email protected] is you would like info.
posted on September 24, 2001 03:55:07 PM
Isn't there a way she can do this herself? Madd would get 50% of what it recovers. She is out about $65.00 and would get only $32.50. I thought there was a way she could turn it over to the police. But I don't know if it is the police in her area or the buyer's area. Also, would it be considered to be mail fraud? Thank you.
posted on September 24, 2001 06:52:03 PM
Sometimes you just can't get anywhere trying to collect when you are in one state and the check writer is in another. Would cost more to hire a lawyer, etc. Maybe the half from madagency would be better than nothing. Don't forget, you are probably entitled to add in check fees as well.
I've got a buyer that wrote me a bad check for $6.99 and then after excuses and excuses just disappeared. I sent all the information to her bank but didn't hear anything from them either. My bank deposits the check twice and then writes me a letter when they send it to me telling me to not deposit it again. Left this buyer a Neg and when I checked later she had gotten many more negs and finally NARUed (most of the other negs were from HER buyers since she took their money and didn't ship their items).
