This review list is intended to educate you about this document and to aid you in its preparation. This is a sales letter in part. A bad check denotes someone who is living recklessly. They made an attempt to pay but simply lacked the financial capacity to do so. This clearly indicates that they are under duress and constrained in general. Your message should persuade them to prioritize you over other creditors who may be pursuing payment as well.
Most inadequate funds checks are repaid. Thus, if you play your cards well, you can have the check writer both pay you the money and express gratitude for your prudence. This is the card that was played in the previous notice. Because you were not paid on the initial notice, you must now proceed to plan B, the Final Notice, which threatens collection in Small Claims Court.
- Sign the letter.
- Your debt situation has worsened. You should act promptly to arrange for collection now.
- Prepare your Small Claims claim using the separate file you kept following the first notice. You should keep several on hand and complete them in a group setting once a month or quarterly, depending on the frequency with which these difficulties occur. In little over 50% of situations, the act of filing the claim results in the bill being collected. If you must appear in court, it is preferable to do so with a group of these to avoid spending an excessive amount of time on them.
- If the sum is greater than what the small claims court allows, refer the matter to the police for criminal action at this point and amend the preceding language to reflect that—if they do not react within ten days. If you are concerned about this step, as you most likely are, speak with your attorney about it.
Bad Check Notice-Final Notice
Date:
Dear Sir or Madam:
Your check # ___________, dated _______________, drawn by you for $ ___________, and payable to ______________________ was been returned by your bank or financial institution unpaid. They stated the cause was for insufficient funds.
We requested you replace that check two weeks ago. Time is of the essence for you to do so now; otherwise, we will be forced to sue for collection in Small Claims Court, and you will be assessed those charges as well. Therefore, to prevent this from happening, please replace your check immediately with cash, credit card, or a bank check for the original amount of the check plus the standard return check fee of $___________, for a total amount of __________________.
After receipt of your replacement payment, we will return your old check. When you make the replacement payment, your old check will be returned to you.
Please forward your payment to the above address. Please either bring your payment to us today or send it out today. Thank you for your prompt attention to this matter of concern to both of us.
Best regards,
______________
Individual or Company RepresentativeEnc. Copy of Check
Bad Check Notice-Final Notice
Review ListThis review list is provided to inform you about this document in question and assist you in its preparation. This is, in part, a sales letter. A bad check indicates someone living on the edge. They made an effort to pay but just did not have the financial resources to make good on the payment. This undoubtedly means they are under pressure and squeezed in general. Your letter should encourage them to put you at the top of their list, ahead of other creditors, who may be pressing for payment as well.
Most insufficient fund checks are made good. Therefore, if you play your cards right, you can have the check writer both pay the amount to you and be grateful to you for your reasonableness. This is the card was played out in the last notice. Since you didn’t get paid on the first notice, you must now go to plan B, the Final Notice, threatening collection in Small Claims Court.
1. Sign the letter
2. Your debt is now in trouble. You should press quickly for collection now.
3. Use the separate file you kept after the first notice to prepare your Small Claims claim. You should keep several on hand and fill them out in a group, once a month or per quarter, depending on the number of these issues you have. Just the act of filing the claim usually gets the bill collected in just over 50% of the cases. If you must go to court, better to do so with a group of these so you do not spend an inordinate amount of time on them.
4. If this is a larger amount than small claims court allows, then turn the matter over to the police for criminal action at this stage, and replace the wording above to reflect that-if they do not respond in 10 days. If you are concerned about this step, which you may well be, discuss it with your attorney.
