Best Practices: How to Handle NSF Checks

What should you do when a check is returned for non-sufficient funds (NSF)? According to conversations with attorneys and credit industry professionals, it's important to be knowledgeable about the bad check laws in the state(s) where your company does business. You need to know how and when to contact bad check writers, as well as the time they are granted by law to respond. You should also be aware of the limits on the service fees you can assess. Establishing good relationships with…