posted on July 2, 2002 11:26:32 AM new
Well it has finally happened. With three years of selling behind me I now have received a bad check. I have seen solutions spelled out on these boards before so someone must have a good solution. The customer has been notified and has time after time promised to make good on the ISF check.
It has been 60 days now. Any Ideas?
posted on July 2, 2002 12:40:06 PM new
They collected for me too. I think they only collect when they sufficently scare the crap out of the bad check writer though.
posted on July 2, 2002 01:47:27 PM new
rodmama: Consider yourself lucky. For the life of me I cannot understand why people will sell to somone 2000 miles away & ship before the check clears. I simply won't take checks. I state it in my TOS. "I take Money Orders, Cashiers Checks & PayPal. Sorry I do not take Personal Checks" That is verbatim from my TOS. Have never had a complaint.
posted on July 2, 2002 03:28:47 PM new
For one thing sending a bad check thru the mail no matter what the amount is a federal offence. Called Interstate Transportation of Fraudulent Securities. Carries up to 5 years in federal prison and or a $10,000.00 fine.
Federal Prisons are full of people for this very thing. You can quote this to your customer and they will pay up. Mine did.
Opps
[ edited by wwtraders1 on Jul 2, 2002 03:29 PM ]
[ edited by wwtraders1 on Jul 2, 2002 03:31 PM ]
posted on July 2, 2002 07:33:09 PM new
My bad seller ignored me. It didn't cost a cent to have MAD Agency do all the dirty work.
Two thousand checks and only one bad one that I eventually got paid for is a good average. I hope that I pick up a few bidders that won't shop at auctions that do not accept personal checks.
posted on July 2, 2002 08:45:09 PM new
If it's a bank that has branches in your area, you can call their telephone banking service, most of them have an automated merchant check verification line, where you can see if the account has enough funds to cover it. It's scary to think of this, but recently I had a 350.00 check bounced by a renter of a house I own. I called her bank's telephone banking number, (BofA by the way, not where I bank) and got to their merchant verification line, I found by playing around that I could not only verify if the funds were available, but I could repeatedly enter the same check number for different amounts, working from low, like 10.00, then high, like 400.00 towards the middle in dollar increments, I was able to figure out within a dollar exactly how much she had at any given time!! It wasnt worth my time of course, but it became a matter of principle, and as soon as I got a funds available message I put down my beverage and drove to the bank and cashed the check. In a way I wish I could say it didn't feel good to do that, but I'd be lieing!!!!
