LAWSUITS NEWS & LEGAL INFORMATION
Bounced Check Recovery Legal News Articles & Interviews
May 11, 2016. By Gordon Gibb.
St. Louis, MO: You would be forgiven for assuming that check re-presentment is something new, and sinister, and the latest in a string of misdeeds on the part of entities whose only goal, it appears, is to fleece the pockets and accounts of unsuspecting consumers. In truth, check re-presentment is nothing new at all. In fact, a Bounced Check Re-presentment lawsuit was filed in early 2006, alleging fraud against the check re-presentment firm as well as other defendants.Read [ Bounced Check Re-presentment Lawsuits Are Nothing New ]
April 17, 2016. By Heidi Turner.
New York, NY: If you have a checking account that doesn’t tend to carry a lot of money, you may have noticed some fees charged to the account that you did not authorize. Take a closer look and you may discover you’ve been charged for check re-presentment. Check re-presentment occurs when a declined check is sent to a third party and that party then re-presents the check to have it processed once there is enough money to cover the check. The problem is that the third party isn’t known to the check writer, and may be going into the check writer’s account to withdraw fees that were not authorized.Read [ Attorneys Investigating Check Re-presentment Lawsuits ]
April 1, 2016. By Gordon Gibb.
Washington, DC: You may have never heard of it. You may have never seen it either, or for that matter, given your permission for it. And yet you have potentially felt its sting without even knowing what it is. What’s more, that warm feeling that comes with assuming your banking and financial partners have your best interests at heart may have little to do with corporate generosity and everything to do with the increasing amounts of wool being pulled over the eyes of the unwitting consumer, adding to the darkness.Read [ Check Re-presentment: What It Is and Why It Matters to You ]
March 24, 2016. By Heidi Turner.
Washington, DC: Consumers who frequently write checks know there are NSF fees charged when there are insufficient funds in their account to cover a transaction. What they may not know is that instead of their check simply being declined, it can be sent to a check re-presentment (also known as check recovery) company for processing, and the company might be illegally charging them re-presentment fees. Tycko & Zavareei LLP is investigating a possible lawsuit against some companies involved in the re-presentment process, for charging fees without adequately notifying consumers.Read [ Check Re-presentment Attorney: Consumers May Be Unknowingly Paying Re-presentment Fees ]