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N S F Check Statute
Michigan
N S F Check Statute Overview
January 1, 1999
The NSF check laws within the state of Michigan have been
vague and unclear in the past. Everyone sort of did their own thing,
depending upon who said what to whom. In January 1999, the ability to
collect on theft and bad checks was clarified. Listed below is a summary
for creditors:
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Your initial demand letter may be sent by first class
mail. |
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Use of an agent (professional collection company) is now
permitted. |
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If the check is paid within 7 days of receipt of
the letter, you may collect a fee of $25.00. |
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If the check is paid after 7 days of receipt of
the letter, you may collect a $35.00 processing fee. |
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If you file a Civil Complaint, until trial date you may
collect the amount of the check, $35.00 processing fee and costs not to
exceed $250.00, as agreed to by the parties. |
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If you are not paid, under Civil Complaint, you are
entitled to twice the amount of the check (but not less than $100.00)
and costs of $250.00. |
Check with your attorney. This is not intended to be
legal advice. |
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