How Businesses Can Collect on Bad Checks
If there’s one thing’s that’s extremely frustrating for business owners, it’s trying to cash a check that ends up bouncing. After working hard to deliver a product or service and make the sale, it can be extremely disheartening to have to deal with a bad check.
Luckily, there are many options besides going to small claims court when it comes to collecting on bad checks, including the following.
Get in Touch With the Bank
It’s possible that the customer was switching funds from one account to another in order to ensure there were enough funds to cover the check amount, but didn’t make it in time. Give it a few days, and then call the bank to inform them that you have a check for a certain amount and see if there is enough cash to cover it. If not, the bank may enforce collection, in which case the … Read more