Re: Check returned for insufficient funds in 1993

Posted by greg (24.188.21.123) on November 22, 2002 at 17:41:37:

In Reply to: Check returned for insufficient funds in 1993 posted by Kathi J Condron on March 22, 2001 at 10:05:03:

: A local law firm has just notified me that on 8/16/1993 I wrote a check to CVS for $13.05, it bounced and that I never paid for it. They are now telling me that, since I ignored their first attempt to collect 40 days ago (a letter I never received) I must now pay $138.00 immediately according to NJSA 2A:32A-1. I can not recall ANY bounced check EVER at CVS and, if I had done this I would have taken care of it as soon as notified. Isn't there a statute of limitations?

the statue limit is 7 years...but at your request they must send you a copy of the check...by law you are allowed to only pay the face amount of the check and then the debt will be considered paid off..the only time they are allowed to charge the 3x the original ammount is if a judge orders it...i used to work for a collection agency called International Check Services, worked real closely with the lawyers :)

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