Returned Check Fees in PA

[superdairyboy]

What is the name of your state? PA

If I'm Correct the Commonwealth of PA Limits the amount bussiness can collect for NSF Checks. I beleive it is $25. CAn any one confirm this? and if so can anyone provide a stautate #? or a copy of a statute?



Brian

 

[Veronica1228]

What is the name of your state? PA

If I'm Correct the Commonwealth of PA Limits the amount bussiness can collect for NSF Checks. I beleive it is $25. CAn any one confirm this? and if so can anyone provide a stautate #? or a copy of a statute?



Brian

According to a website I found (see link below) there is no limit. You may want to do further research on the internet to be certain.

http://www.electronic-recovery.com/nsf_fees.htm

 

[Debt Guy]

Google is an amazing resource. Here is what I could find -- no citation, however.

http://www.checkagain.com/statefees.asp

If you scroll through the PA statutes, I am sure you can find the citation.

 

[seniorjudge]

What is the name of your state? PA

If I'm Correct the Commonwealth of PA Limits the amount bussiness can collect for NSF Checks. I beleive it is $25. CAn any one confirm this? and if so can anyone provide a stautate #? or a copy of a statute?



Brian

http://www.pcbanker.com/Disclosures/DisclosureDetail.asp?id=1

I would call your bank and ask them your question.

 

[Veronica1228]

http://www.pcbanker.com/Disclosures/DisclosureDetail.asp?id=1

I would call your bank and ask them your question.

His bank might not know because the way I read the question is that he is not asking about banking fees. He's asking about the amount the payee of the NSF check is allowed to charge.

I could be the one misunderstanding though.

 

[Happy Trails]

§ 4105. Bad checks.

..................(8) A service charge if written notice of the service charge was conspicuously displayed on the payee's premises when the check was issued. The service charge shall not exceed $20 unless the payee is charged fees in excess of $20 by financial institutions as a result of such bad check or similar sight order for the payment of money. If the payee is charged fees in excess of $20, then the service charge shall not exceed the actual amount of the fees.

.....................

A person could be charged with passing bad checks and if they are convicted you could get sued for civil damages.

§ 8304. Damages in actions on bad checks.
(a) General rule.--In a civil action to recover damages and costs following a conviction for passing a bad check pursuant to 18 Pa.C.S. § 4105 (relating to bad checks) and failure to make full restitution, the payee shall, upon obtaining judgment, be entitled to recover damages in an amount equal to $100 or triple the amount for which the check was drawn, whichever is greater.
(b) Limitation.--Damages recovered under this section may not exceed by more than $500 the value of the check and shall be awarded only if: the payee made written demand of the issuer for payment of the amount of the check not less than ten days before commencing the action; and the issuer failed to tender to the payee, prior to commencement of the action, an amount of money not less than the amount demanded.
(c) Restriction.--Notwithstanding subsection (a), if partial restitution has been made, damages recovered under this section may not exceed triple the amount of the unpaid restitution.

For more reading go to: http://www.uslegalforms.com/lawdigest/badchecks.php/PA/PA-401N.htm