Posted in May 31st, 2010 by
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With poor job prospects and uncertainty looming on all of us, it is not very difficult to imagine that we or any one of us can write a check which isn’t honored by the bank due to insufficient funds. This kind of situation is no more just an embarrassing situation, nowadays as banks and financial institutions have been tight screwed by governments, getting away with such checks isn’t a joke any more. The problem with bounced checks is the different in rules of the different states. Some states have laws that count it as civil offence, others treat it as a criminal offence, and yet some others might treat it as both. This can be a very dangerous situation. As a good advice, try not to write checks unless you are sure .....
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