2016-12-15 00:00:00 Invoicing English Review some of the steps you should take if you have to deal with a bounced or insufficient funds cheque. https://d1bkf7psx818ah.cloudfront.net/wp-content/uploads/2017/03/08214559/business-owner-reviews-paid-and-unpaid-invoices.jpg How to Handle a Customer’s Bounced Check

How to Handle a Customer’s Bounced Check

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As a business owner, you may occasionally get a bad cheque from a client or customer, and if the cheque bounces or comes back because of insufficient funds, there are some steps you may want to take to recoup the funds.

  • Contact the writer of the cheque; it may simply be an error that can be fixed immediately.
  • Consider requesting bank fees as well as the amount of the cheque from the issuer.
  • Report the cheque writer to TeleCheck, a national database of writers of bad cheques.
  • Contact an attorney about pursuing legal action to obtain the funds.

It is important that you consider reaching out to the client before taking legal action.

References & Resources

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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