Is a school secretary frustrated by trying to collect bounced checks? If so, welcome to the "free and easy" solution for schools that get bounced checks.
School corporations are often put in an awkward position when they receive bounced checks. Questions such as "How should bad checks be collected?" and "Who should collect them?" are not uncommon.
NorthStar Technologies provides a completely free check recovery service to schools that is courteous to bad check writers and is a huge relief to office staff tasked with collecting bounced checks. You may read about the program in the following paragraphs or print off an information sheet.
NorthStar offers a completely free bad check collection service to any public or private U.S. school because of something called the state bad check fee. State lawmakers set this fee, it usually ranges from $20-$40, it is paid by bad check writers, and it allows NorthStar to collect bad checks at no cost to businesses and schools.
My name is Brad Price. I am a national bad check representative for NorthStar Technologies and you are visiting a page on my personal web site. This page is designed for school corporations interested in a national bad check recovery service that is efficient, completely free, and understands that it will be working with the parents of children who attend your school.
NorthStar's bad check collection for school corporations is very simple. NSF (non sufficient funds) checks are submitted to polite but firm collection efforts for 60 days. About 90% of all nsf checks can be collected in this way, and school corporations receive back the FULL FACE VALUE of the nsf check plus 25% of the state bad check fee (NorthStar keeps the remaining part of the state bad check fee for its profit).
If a nsf check cannot be collected within the 60 day process, or if you have a closed account or stop payment check, NorthStar offers a FREE secondary collection service to any educational institution. It will engage in additional collection efforts for six, twelve, or eighteen months (this selection is made when signing up). Any checks that go through this secondary process are returned to school corporations as a 50/50 split (you receive 50% of the state fee plus 50% of the check's face value). If your state fee is $20.00 and you had a closed account check for $10, you would receive $15.00 back at no charge to you because of the state bad check fee.
If your school corporation, PTA, or school club needs a bad check collection service, you may sign up through this web site or make contact with me to further discuss NorthStar's services. You may reach me (Brad Price) at (574-875-9994) or e-mail.
If your school corporation also has a need for unpaid textbook fees or something similar, NorthStar also offers a FREE contingency based service. It will return exactly 65% of all that it collects from the accounts submitted by your school. For a description of how this process works, see my accounts receivables description page.
Thank you for visiting www.bumchecks.com,
Brad Price