How to Handle a Cheque Bounce Notice Legal Steps and Procedures
Facing a cheque bounce notice can be daunting, but understanding the legal steps and procedures can help you navigate the situation effectively. When a cheque bounces, the payee can issue a formal cheque bounce notice to demand payment. This notice must be issued within 30 days of receiving the returned cheque and should include details of the dishonored cheque, a clear demand for payment, and a deadline for settlement.
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