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Glen
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1,504 Posts
Discussion Starter · #1 ·
For those of you who are newer to the business world.

As the new year starts remember to check the date on any personal checks you are given. Pesonal checks are good only for one year in most cases. If it is dated for 09 it is already out of date.

Other check facts.

The bank will only go by what is written regardless of the printed cash amaount. If they scrible $105 and you only really notice the print that does say $150. you will only get the $105.

If you get a large check that bounces. Do not take payments on it. A bounced check is a criminal offence. The courts will take it on for free after you have given a ten day notice. Always use return receipt mail.
If you take even one penny as an installment it will become a civil matter and you must go to small claims instead.
 
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