im trying to collect some debts--it is not fair that i can barely make ends meet as a small business owner and people
pass bad checks to me on top of it...the first one i need to collect is a bounced payroll check i cashed for the employee-they dont have the money to pay me back--and i understand i cant go after the company who wrote it to them?
the second--is a person wrote me a company check but turnt
out they were not an auhtorized signer of the account?
2007-03-14 05:35:22 · 5 answers · asked by sean 3 in Politics & Government ➔ Law & Ethics
Learn to be a good businessman & be more careful from whom you accept checks.
2007-03-14 05:40:26 · answer #1 · answered by Anonymous · 0⤊ 0⤋
On the employee check--did it bounce because the company was out of funds? If so, you can indeed go after the company. As for the person who signed a company check without authorization--were the goods or services you gave the person used by that company or by the individual? If the former, demand payment with a legit check--include any bank fees you had to pay. If the latter, go after the individual, and let the company know what the person did--and if they seem indifferent, tell them you will be telling the State's Attorney about it.
2007-03-14 12:41:24 · answer #2 · answered by KCBA 5 · 0⤊ 0⤋
Why do you think you can't go after the company that wrote the first check? Maybe laws are different from state to state, but where I am from, you go after whoever signed the check. Go to the magistrate court of your county and take a warrant out. (First, you have to send them a certified letter letting them know you want your money). After 14 days of receiving that letter you can take them to court. Most people do not want to go to court over a bounced check, so they pay it before the court date. It only costs about $25.00 to take a warrant out on them. If the checks are worth a substatial amount, it would be worth it. If the checks are over $500.00 it is considered a felony and they would probably definitely want to take care of it before the court date.
Good luck!
2007-03-14 12:45:40 · answer #3 · answered by Dana O 3 · 0⤊ 0⤋
I hate to say it but you are stuck with those two checks. You could go after the employee for the payroll check but that would be bad business. Better to learn now and check out your payment sources better in the future.
2007-03-14 12:42:09 · answer #4 · answered by bildymooner 6 · 0⤊ 0⤋
Nexcheck has a device to scan a check for fund availability and if there are bounced checks on that acct. And the service is guaranteed. If they verify a check and it bounces they reimburse you. (for future reference)
2007-03-14 12:50:02 · answer #5 · answered by Rev. Vlad 2 · 0⤊ 0⤋