If you have been written a bad check, a collections lawyer may be able to provide you with valuable legal guidance and representation. A bad check is any check that is written for amounts that exceed those in the checking account it was written from. Businesses lose thousands of dollars each year due to bad checks and other forms of check fraud. Snellings LLC can help you recover your funds from bad check offenders and avoid letting your business lose money.
The Statute of Limitations on Check Fraud Cases
In New Jersey, any creditor who has been given a bad or dishonored check has three full years from the date of receipt or 10 years from when the check was written to take action. Initiating a civil proceeding is easier with the help of collections lawyers who will represent you and help you pursue payment for the bad check.
How Much Can I Collect From the Debtor?
When you collect on a dishonored check, you may seek recovery for your attorneys’ fees, court fees, mailing fees to distribute the notice and damages of $500 or triple the amount of the check. A collections lawyer can help you receive the fullest possible damages as you pursue civil justice.
Attorneys vs. Collections Agencies
New Jersey law allows you to pursue civil action against those who perpetrate fraud through the distribution of checks written with insufficient funds. By using an attorney rather than a legal agency, you can pursue damages as well as the funds specified on the bad check. An attorney is more effective at collecting a judgment or debt than a collections agency due to his familiarity with the law in your area. Snellings Law LLC can file a lawsuit and recover your attorney’s fees and other expenses related to the check fraud, while a collections agency can only return the amount given on the check. Collections agencies lack the legal authority and presence of a licensed attorney and only have certain authorized methods of collection. This means that you will not recover the costs you spent in your attempt to locate the debtor and have the funds returned to you. Snellings Law LLC offers many services related to debt collection, including loan collections, credit card collections, bad check recover, commercial collections, judgment enforcement, promissory note litigation, forbearance agreements, replevin, commercial litigation, foreign judgments and banking law. These services are highly valuable when it comes to receiving the funds to which you and your business are entitled.
Contact a Collections Lawyer
Call Snellings Law LLC today at (973) 265-6100 to work with experienced collections lawyers in New Jersey.