Ask a Question
or
Create a Poll
  1. Home /
  2. Questions /
  3. Finance
  4. / Bank Accounts & Services
  5. / Bad Checks

by Wickels on June 18th, 2007

Wickels

Question

Help answer this question below.

A former friend who owes me money finally wrote me a check for the last $290. Not very surprisingly, it bounced. What steps can I take to collect these funds? Is his writing the check an admission of monies owed?

  • Like
  • Report
Share:
Other

Answers. Showing one answer.

  • by Gideon on June 18th, 2007

    Gideon

    You have a couple options, depending on your local laws. You can file a police report for a bad check as long as you deposited the check and it was returned for insufficient funds. The police will then pursue the matter.

    You can also sue in civil court for the money. Writing the check isn't an admission of guilt but it doesn indicate a debt owed. However, the friend could say he was lending you money or that this was a done under duress. Hopefully you have a promissory note or receipts for the original $290.

    Comments
    • Like
    • Report

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading A former friend who owes me money finally wrote me a check for the last $290. Not very surprisingly, it bounced. What steps can I take to collect these funds? Is his writing the check an admission of monies owed?

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

Answerbag

a Demand Media company