Goods in Lieu of payment

[Dean May]

>> I have had very few over the years, most people are basically honest.

Most people in our business are pretty honest. But if you were dealing
with the general public you'd be amazed at the number of bounced checks.


John has a good plan there, one that I have followed a couple of times.
If you present the check to the teller she can't tell you how much money
is in the account, only if there is enough to cash it. She can also tell
you if the account is active or not. If the account is actively being
used it increases your chances of hitting a day when it could be cashed.


One more scheme that can be used, particularly on a large check. Anybody
can deposit money into any account. You can ask the teller if a $50
deposit would bring the balance up high enough to cash the check. If not
50, then how about 100, etc. So for a $50 deposit you may be able to cut
your loss to $50 instead of $350. 

Dean
Dean May             cell 812.239.3359
PianoRebuilders.com   812.235.5272
Terre Haute IN  47802


-----Original Message-----
From: pianotech-bounces@ptg.org [mailto:pianotech-bounces@ptg.org] On
Behalf Of John Ross
Sent: Wednesday, July 06, 2005 12:44 PM
To: Pianotech
Subject: Re: Goods in Lieu of payment

Hi Hubert,
If their bank is close, drop in periodically, and have the bank see if
there 
is enough funds in their account. When there is, cash it.
You can try every day, if you like. Up until 6 months, then it is void.
If they do not have an account at that bank, then you have grounds for 
fraud.
I have had very few over the years, most people are basically honest.
John M. Ross
Windsor, Nova Scotia, Canada
jrpiano@win.eastlink.ca
----- Original Message ----- 
From: "hubert liverman" <hubertliverman@bellsouth.net>
To: "Pianotech" <pianotech@ptg.org>
Sent: Wednesday, July 06, 2005 2:28 PM
Subject: Re: Goods in Leu of payment


>
>
> Thanks, Dave.  I was beginning to think I was the only one not being
>> >lavished with exotic gifts!!
>> >
>> >
>> Make room for me Mike. I'm happy if the check doesn't bounce.
>>
>> -Phil Bondi(Fl)
>
> Last week I had the first check ($350.00) to bounce since 1978. I just
got
> notification today..I am not amused!
>
> Hubert Liverman
> Opelika, Al
>
> https://www.moypiano.com/resources/#archives
>
> _______________________________________________
> pianotech list info: https://www.moypiano.com/resources/#archives
> 

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