Wednesday, March 26, 2008

How to handle bounced checks

Dear FSB: I read your recent column on collecting bad debts ("How to Make a Client Pay Up"), and have a related problem. Some customers bounce checks, which are returned for insufficient funds on amounts such as $100 or $300. These are too small to call for small-claims court or collection agencies, but add up to big money over time. What can I do?



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[Source: Financial news of the day - CNNMoney.com]

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