Re: What are your late payment policies?
I just found another sample NSF policy that has a bit more meat to it:
"Bad Checks are sent to the __________ Attorney's office.
Bad Check Policy
Checks marked "Returned for Insufficient Funds" are resubmitted once. Checks returned a second time are prepared in accordance with the _______ Attorney's office Bad Check handbook. The bad check is photocopied, a bad check letter is filled out and mailed to the client. Failure to pay the debt with cash, money order or certified check sends the client's check to the _____ Attorney's office.
Bad Check Charges:
Checks Up to $100 $20.00
$101 to $300 - $45.00
$300+ - $70.00
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