Self-Insured Check Acceptance
Outside the most basic payment systems of barter, coin, and currency which have developed since ancient times, the check is one of the world's oldest and most versatile forms of payment.
Many retailers accept checks every day without the assistance of either Guarantee or Verification companies. Some of these retailers will use the services of a collection company when they get a bad check, and many others will attempt collection themselves.
One of the many ways that retailers will attempt to effect collection is to file suits for those bad check writers who ignore their collection calls.
This has become a very high volume problem for courts to handle, and we found the recent story in Kansas an interesting solution to this growing problem.
A Kansas court recently provided a "speedy trial" for hundreds of such cases. As reported in the May 20 edition of Lawyers Weekly USA, the Shawnee County Court recently handled 900 cases in two hours by setting up processing stations in a large exposition hall.
At each station, the debtor was asked to complete a form to agree or disagree with the process, or to plead no contest to the debt. At other stations, they were assisted in setting up payment plans for restitution.
Of course, the "alleged debtor" could opt for his/her day in court, prolonging the wait for the person awaiting restitution. Reading this story makes one realize what a great Check Guarantee sales opportunity this process could have been for the right sales professional
