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 Payment Dropbox or direct deposit

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jamesbradley

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Posts : 58
Position Held : Int'l Corporate Transactional Attorney

20110519
PostPayment Dropbox or direct deposit

Just an initial thought. I reviewed the Tenant Handbook. To avoid the collection problems, hot checks, filing costs to collect on bad checks, time to collect on bad checks, collection fees, attorney fees, legal process, etc., I would strongly suggest a company policy of receiving all payments by drop box, paypal, or direct deposit. Florida is extremely lenient on bad check writers. I know someone who wrote a bad check for a NEW $100,000 750 BMW. It took 18 months for the BMW dealership to go through the legal process to finally have the legal right start the auto repossession process. Under Florida rules, evictions are also a challenge; as they can claim a check was paid.
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