Go Back  Offshoreonly.com > General Discussion > General Boating Discussion
Help with a collection - the legal way :) >

Help with a collection - the legal way :)

Notices
General Boating Discussion

Help with a collection - the legal way :)

Thread Tools
 
Old 09-24-2008 | 11:00 AM
  #1  
Mbam's Avatar
Thread Starter
Offshoreonly Advertiser
25 Year Member
Offshoreonly Advertiser
 
Joined: Mar 2001
Posts: 2,517
Likes: 279
From: Pompano Beach FL, USA
Default Help with a collection - the legal way :)

Anybody on the west coast of FL want to handle a small collection (legally) for a fee? Of course small is relative, original amount is less than $6K. No dispute as to the debt, merchandise, etc. Just has not been paid.

Actually was not supposed to be a credit transaction in the first place, but to save COD fees I sometimes allow established customers to fax us a check at which point we ship the goods. The premise is that the check is then mailed. Unfortunately we either never received it or lost it here. Hard to say, but this is the only time this has happened to us - ever.

It's been 2 years, I think I have been patient.
Mbam is offline  
Reply
Old 09-24-2008 | 11:05 AM
  #2  
Registered User
 
Joined: Oct 2003
Posts: 9,495
Likes: 6
Default

Do a check draft and debit it from their account. We take checks via fax all the time.
Chris Sunkin is offline  
Reply
Old 09-24-2008 | 11:16 AM
  #3  
Registered
20 Year Member
 
Joined: Dec 2005
Posts: 2,797
Likes: 13
From: Florida
Default

I'm just North of Tampa.. What's the scoop.. I don't mind helping you out.. (besides.. BAM owes me a small credit)

PM the info.
PARADOX is offline  
Reply
Old 09-24-2008 | 11:18 AM
  #4  
Mbam's Avatar
Thread Starter
Offshoreonly Advertiser
25 Year Member
Offshoreonly Advertiser
 
Joined: Mar 2001
Posts: 2,517
Likes: 279
From: Pompano Beach FL, USA
Default

Chris, I asked my banker about that & he had no idea. I thought that would be a good way to do it. Is it legal if not specifically authorized? Of course I don’t even know if the account is still live or has funds.
Mbam is offline  
Reply
Old 09-24-2008 | 11:22 AM
  #5  
fund razor's Avatar
Registered
 
Joined: Mar 2004
Posts: 8,162
Likes: 0
Default

Sounds like it would be stale-dated.
fund razor is offline  
Reply
Old 09-24-2008 | 12:03 PM
  #6  
texaschopper's Avatar
VIP Member
20 Year Member
VIP Member
 
Joined: Aug 2005
Posts: 559
Likes: 18
From: Miramar Beach
Default

Originally Posted by Mbam
Chris, I asked my banker about that & he had no idea. I thought that would be a good way to do it. Is it legal if not specifically authorized? Of course I don’t even know if the account is still live or has funds.
I used to take checks over the phone/fax. I have a check writing software that fills in the blanks and I go right to the bank and deposit it.
texaschopper is offline  
Reply
Old 09-24-2008 | 12:05 PM
  #7  
Registered User
 
Joined: Oct 2003
Posts: 9,495
Likes: 6
Default

He faxed you a check. I wouldn't see why not. It might be semi-legal. It would be easier if you had been taking check drafts prior to doing it.

Check here on legalities-

http://www.checkcomposer.com/Downloa...Compliance.pdf

http://search.yahoo.com/search;_ylt=...-tyc7&ei=UTF-8
Chris Sunkin is offline  
Reply
Old 09-24-2008 | 12:35 PM
  #8  
Mbam's Avatar
Thread Starter
Offshoreonly Advertiser
25 Year Member
Offshoreonly Advertiser
 
Joined: Mar 2001
Posts: 2,517
Likes: 279
From: Pompano Beach FL, USA
Default

Big thanks guys- Chris that is very helpful. I might just try it. One could certainly make the argument that faxing the check is consent.
Mbam is offline  
Reply
Old 09-24-2008 | 01:54 PM
  #9  
Registered User
 
Joined: Oct 2003
Posts: 9,495
Likes: 6
Default

Look at that same website I linked on the new "Check 21" laws. http://www.checkcomposer.com/Check21.aspx They allow for an electronic facsimile of a check to be provided in lieu of a paper check. Then call someone at your bank in their central check-processing operation (branch guys are usually uninformed on this stuff) and see about getting set up on electronic check processing. We do it here and you get paid immediately. I forgot to mail my cel bill last week so I dropped it off at the local Sprint office that night. They took the check and scanned the MICR numbers at the bottom, then handed it back to me. He said he can keypunch them too. I know for sure you could legally do that.
Chris Sunkin is offline  
Reply
Old 09-24-2008 | 05:29 PM
  #10  
DaveP's Avatar
Registered
20 Year Member
 
Joined: Oct 2000
Posts: 2,737
Likes: 1
From: Toms River, NJ
Default

I like the old fashioned way.....the Jersey / NY / Chicago way like we helped Ed Cozzi last time

Ed got his money 3 days later!
DaveP is offline  
Reply


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.