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Collections Law/Bounce Check
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Question
Hi,
I was told my a collection agency that bouncing a check was a felony in the state that their represented in. The problem is i didn't bounce the check intentionally. I believe that they're located in Delaware...is this true...
Dear Montoya,
Bouncing a check over 250.00 can be considered a felony according to most state statues.
However it is illegal for a debt collector to mention felony, or imply prison or jail time.
This is the way a debt collector works when they receive a bounce check...... it goes something like this.
Joe is a debt collector that strong armed a $500.00 check from a consumer over the phone. After taking the check, the money is posted to the account and placed on a client report showing paid.
10 days later collector Joe is notified the $500.00 was returned NSF (Non Sufficient Funds)after 2 attempts to be deposited. If Joe doesn't recollect the funds within a specified period of time, the account will be placed with a different collector (and Joe loses out on commission).
So in order to recollect the payment, he calls the consumer and states. "Miss x I just received the check back from the bank stated it didn't clear. Bouncing a check over state lines is a felony. If the check is not recovered, we will send it to the attorney general for bouncing a check over state lines, and will request 3 times the value of the check plus possible imprisonment.
The debt collector has misrepresented legal action, and violated federal and state laws.
If you need help dealing with the debt collector Ontrack Financial Group llc will gladly represent you.
Warm Regards,
Michael Moore
888-686-6834 ext 8013
Ontrack Financial Group llc
www.OntrackFinancialGroup.com/Contactus.html
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