Lost Check

Discussion in 'Business Operations' started by GravelyGuy, Jul 3, 2009.

  1. GravelyGuy

    GravelyGuy LawnSite Silver Member
    from Indiana
    Posts: 2,517

    What do you guys do when you lose a check that a customer has given you? I have one that is only for $39 and I can't find it anywhere. Most banks charge at least $35 for stop payment, so what do you do?
     
  2. IN2MOWN

    IN2MOWN LawnSite Platinum Member
    Posts: 4,993

    Call and ask for another one.

    Checks that are written to businesses are deposit only so the chances of anyone else cashing them or depoisting them are slim to none. A stop payment wouldnt even need to be made.
     
  3. GravelyGuy

    GravelyGuy LawnSite Silver Member
    from Indiana
    Posts: 2,517

    We'll see how that goes.
     
  4. Nosmo

    Nosmo LawnSite Bronze Member
    Posts: 1,216

    You could talk with your customer and explain you have either misplaced or lost the check. You could ask for another check with the stipulation you will guarantee a repayment to him if the first check ever clears the bank (in case it was lost and cashed by someone else).

    There is only a remote chance this check will ever clear the bank but if it does you'll not lose anything but your labor for the $39.00.
    Nosmo
     
  5. IN2MOWN

    IN2MOWN LawnSite Platinum Member
    Posts: 4,993

    So...?

    How has it gone?
     
  6. HOOLIE

    HOOLIE LawnSite Gold Member
    Posts: 3,981

    I've lost a few checks, but always it has been more of a 'misplacement' in my office :) In this situation I just run it by the customer first, see how they want to handle it. Even though it's the bank's job to verify the person depositing or cashing a check is the person it is written to, a lot of times they just don't look.
     
  7. GravelyGuy

    GravelyGuy LawnSite Silver Member
    from Indiana
    Posts: 2,517

    Sorry, I haven't talked to them yet. I have turned my truck and house upside down looking for this damn thing.
     
  8. GravelyGuy

    GravelyGuy LawnSite Silver Member
    from Indiana
    Posts: 2,517

    I got another check:cool2: They handled it pretty well, I would have been annoyed.
     
  9. bohiaa

    bohiaa LawnSite Fanatic
    Posts: 5,220

    never lost a check in my life....... I guess some people are more careless than others.

    especially when it comes to money...
     
  10. IN2MOWN

    IN2MOWN LawnSite Platinum Member
    Posts: 4,993

    Annoyed?

    It was a simple mistake that happens quite a bit. If you let something that small annoy you...
     

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