I recently adopted a pet out to a new home and obtained a check for the $75 adoption fee. I just found out that the check was returned to my credit union marked as "inusufficient funds". The money is not that big a deal, but it is the prinicpal as I took that money in good faith. I have two questions, first if the person who gave me the check does not respond to my emails and request to pay ( I have no phone number, but I do know where she works and have address from her check) , what I can I do the recover the money? Second, my credit union charged me $25 for the check being returned, why should I be charged for that?
2007-03-04 08:29:15 · 9 answers · asked by dsjnix 1 in Politics & Government ➔ Law & Ethics
Try and get in contact with them and agree on a time to redeposit the check. If you cant reach them after a week or so, heres what you do. Go to their bank on the 1st or 15th of the month (this is when most people get paid) and try and cash the check. If the bank wont cash it they will tell you why (NSF, stop payment...). At that point if you still want to spend the time to collect you should redeposit the check into your account because most states require a check be returned twice before you can turn it over to the state attorney's office. If it comes back again turn it over to the state attorney and include your bank notice of the fees.
As for the fees, returned checks increase processing costs for banks and they create risk for the bank because they usually make the funds available to the depositer before the bank actually gets paid. 25 bucks does seem a bit high but every bank is going to charge something. the average seems to be about 10.
2007-03-04 10:53:22 · answer #1 · answered by michael q 2 · 0⤊ 0⤋
If they do not pay you, you can turn the check over to the city attorney's office and they will handle it. You can also give them the proof that you were charged a fee by your bank and they will tack that onto the fine. They will also charge a recovery fee to the person that wrote the hot check. The city will send them a letter stating how much they owe and give them until a certain date to pay. If they do not pay, a warrant will be issued for their arrest. They will then be notified by letter that there is a warrant for them for passing bad checks. They will be given an opportunity to turn them self in. If they do not turn them self in, they will either track them down at home or work to arrest them. Then, they will have to pay to bond out of jail and they will be given a court date. Basically, they will eventually have to pay, and the longer they put it off, the more expensive it will be for them.
2007-03-04 08:45:57 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You were charged the fee for the returned check because that's the way banks do things -- whether we agree with it or not.
As for getting the money from the person -- even if it's on principle -- the only way to do it, as far as I'm aware, would be to take the person to small claims court.
If you decide to go that route, you can request that the person you are suing be responsible for your court costs as well.
2007-03-04 08:34:50 · answer #3 · answered by Anonymous · 0⤊ 1⤋
First question.
Your best bet is a suit in small claims court. You can either do that, or, you can hire a repossession service to take posession of the animal in question. (It's not that wierd, several breeders do it.)
Second Question.
You are charged a service fee by your bank to process the insufficient funds check. Its a fee THEY pay, and therefore they charge it to you. Include that fee in your claim for lawsuit, and when the judge issues a payment order he will include it.
2007-03-04 08:34:38 · answer #4 · answered by royalpainshane 3 · 0⤊ 1⤋
You definately need to find another credit union or bank. A bounced check shouldn't be charged to you unless YOU were the person who bounced it. I'd close my account, and give that as the reason.
2007-03-04 08:34:49 · answer #5 · answered by texasjewboy12 6 · 0⤊ 1⤋
If they cannot or will not return the money(even if you only ask for what your bank charged)then turn it over to the local Sheriff or police.
2007-03-04 08:33:04 · answer #6 · answered by meathookcook 6 · 0⤊ 1⤋
Be thankful it was only 75-100 bucks, start accepting cash only for adoptions.
2007-03-04 08:42:51 · answer #7 · answered by 24Fan 1 · 0⤊ 1⤋
banks are money grabbers,call the troopers on the other passing bad checks is illegal
2007-03-04 08:33:20 · answer #8 · answered by Larry m 6 · 0⤊ 1⤋
Take them to small claims court if you can't work it out between you.
2007-03-04 08:34:56 · answer #9 · answered by banananna 2 · 0⤊ 1⤋