The best attorneys for check bounce cases may be found at Deepti Dogra & Associates. A bounced check happens when the bank is unable to transfer money from the payer's account to the payee's account for a variety of reasons, including a shortage of funds, inaccurate information, or a signature on the cheque. Since the check cannot be honored, it is returned to the payer, who then has to pay a fee for receiving a bounced check. In order to prevent such situations, banks may provide account holders with overdraft protection. On the other hand, if several checks bounce, the payee can face legal issues or a sizable fine for failing to pay their debt on time. Customers' declining trust may finally force the payer to make a change. Customers' waning trust may prompt the payer to finally switch the payment method. An "check return memo" describing the reasons for non-payment is sent to the issuer by the bank when a check bounces. The time period for resubmitting a bounced check is three months from the date the bank returned it. The payee may file a lawsuit against the payer for a bounced check if the issuer fails to finish the transaction.
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