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Bad Check Restitution Program
A bad check restitution program (BCRP) is a program in the United States that works to retrieve funds from bad check writers in order to repay moneys owed to the recipients of the cheque, checks. In other words, these are debt collection operations. Many of these programs are operated by private companies that add fees that may exceed $200, regardless of the amount of the check. They call these operations "bad check enforcement," or "bad check restitution," or "bad check diversion." Sometime, these programs are actually run in house by real prosecutors. The private companies send check writers letters which state basically, that to avoid being prosecuted, the check writer may enroll in an expensive diversion program. In most instances, the prosecution threats are false and made only to coerce payment of high fees. In the US very few states have laws that specifically permit district attorneys to allow private collection agencies to collect checks in the district attorney's nam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bad Check
A dishonoured cheque (US spelling: dishonored check) is a cheque that the bank on which it is drawn declines to pay ("honour"). There are a number of reasons why a bank might refuse to honour a cheque, with non-sufficient funds (NSF) being the most common, indicating that there are insufficient cleared funds in the account on which the cheque was drawn. An NSF cheque may be referred to as a bad cheque, dishonoured cheque, bounced cheque, cold cheque, rubber cheque, returned item, or hot cheque. Lost or bounced cheques result in late payments and affect the relationship with customers. In England and Wales and Australia, such cheques are typically returned endorsed "Refer to drawer", an instruction to contact the person issuing the cheque for an explanation as to why it was not paid. If there are funds in an account, but insufficient cleared funds, the cheque is normally endorsed "Present again", by which time the funds should have cleared. When more than one cheque is presented fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
District Attorney
In the United States, a district attorney (DA), county attorney, county prosecutor, state attorney, state's attorney, prosecuting attorney, commonwealth's attorney, or solicitor is the chief prosecutor or chief law enforcement officer representing a U.S. state in a local government area, typically a county or a group of counties. The exact scope of the office varies by state. Generally, the prosecutor is said to represent the people of the jurisdiction in the state's courts, typically in criminal matters, against defendants. District attorneys are elected in almost all states, and the role is generally partisan. This is unlike similar roles in other common law jurisdictions, where chief prosecutors are appointed based on merit and expected to be politically independent. The prosecution is the legal party responsible for presenting the case against an individual suspected of breaking the state's criminal law, initiating and directing further criminal investigations, guiding an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cheque Fraud
Cheque fraud or check fraud (American English) refers to a category of criminal acts that involve making the unlawful use of cheques in order to illegally acquire or borrow funds that do not exist within the account balance or account-holder's legal ownership. Most methods involve taking advantage of the '' float'' (the time between the negotiation of the cheque and its clearance at the cheque writer's financial institution) to draw out these funds. Specific kinds of cheque fraud include cheque kiting, where funds are deposited before the end of the float period to cover the fraud, and paper hanging, where the float offers the opportunity to write fraudulent cheques but the account is never replenished. Types of cheque fraud Cheque kiting Cheque kiting full refers to use of the float to take advantage and delay the notice of non-existent funds. Embezzlement While some cheque kiters fully intend to bring their accounts into good standing, others, often known as ''paper hange ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ChexSystems
ChexSystems is an American check verification service and consumer reporting agency owned by the eFunds subsidiary of Fidelity National Information Services. It provides information about the use of deposit accounts by consumers. History In 1991, the agency was owned by Deluxe Corporation, and it was part of the spin-off from Deluxe that formed eFunds in 1999. Fidelity National Information Services acquired eFunds in 2007. The number of "bank and thrift branches" served in 1991 was 59,000. Services Eighty percent of commercial banks and credit unions in the United States use ChexSystems to screen applicants for checking and savings accounts. eFunds claims that their services are used in over 9,000 banks, including over 100,000 individual bank branches in the United States. As of 1991, ChexSystems held 7.3 million names of consumers whose bank accounts had been closed "for cause". Services include verification of identity, reports on account history, and transaction mon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shared Check Authorization Network
Shared Check Authorization Network (SCAN) is a database of bad check writers in the United States. The database is used by retailers in order to reduce the number of bad checks received. The database keeps track of those who have written outstanding bad checks to any retailer using the system, and retailers can determine, based on these records, whether or not to accept a check from a particular accountholder. Retailers using the SCAN system have at least one scanner in the store, and often one at every register, that is used to scan checks that are written. The scanner reads the account number and compares it with the database of checking account numbers for which bad checks have been written to any participating retailer and not repaid. If the account number matches one in the system, the retailer will be notified, and will not likely accept the check. SCAN also operates a collection service on bad checks that are written. See also *Bad check restitution program * Check fraud * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Collection Agency
Debt collection or cash collection is the process of pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt collection is known as a collection agency or debt collector. Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed. Historically, debtors could face debt slavery, debtor's prison, or coercive collection methods. In the 21st century in many countries, legislation regulates debt collectors, and limits harassment and practices deemed unfair. Background Invoices are issued with terms of payment. These terms vary widely from 'cash terms', , to many forms of ' credit terms' (for example ''30 days from date of invoice''). Unpaid invoices are considered outstanding, and those which remain unpaid for periods longer than their 'terms' indicate are considered overdue. It is the aim of the cash collection func ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jail
A prison, also known as a jail, gaol, penitentiary, detention center, correction center, correctional facility, or remand center, is a facility where people are imprisoned under the authority of the state, usually as punishment for various crimes. They may also be used to house those awaiting trial (pre-trial detention). Prisons are most commonly used within a criminal-justice system by authorities: people charged with crimes may be imprisoned until their trial; and those who have pleaded or been found guilty of crimes at trial may be sentenced to a specified period of imprisonment. Prisons can also be used as a tool for political repression by authoritarian regimes who detain perceived opponents for political crimes, often without a fair trial or due process; this use is illegal under most forms of international law governing fair administration of justice. In times of war, belligerents or neutral countries may detain prisoners of war or detainees in military prison ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diversion Program
A diversion program, also known as a pretrial diversion program or pretrial intervention program, in the criminal justice system is a form of pretrial sentencing that helps remedy the behavior leading to the arrest. Administered by the judicial or law enforcement systems, they often allow the offender to avoid conviction and include a rehabilitation program to prevent future criminal acts. Availability and the operation of such systems differ in different countries. Operation and functions A criminal justice diversion program deals mainly with first-time offenders, allowing them to avoid a criminal record by undertaking certain actions to benefit the offender, their victims, and the wider community. When a criminal offender joins a rehabilitation program to help remedy the behavior leading to the original arrest, it allows the offender to avoid conviction and, in some jurisdictions, avoid a criminal record. The programs are often run by a police department, court, district ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Law Enforcement Agency
A law enforcement agency (LEA) is any government agency responsible for law enforcement within a specific jurisdiction through the employment and deployment of law enforcement officers and their resources. The most common type of law enforcement agency is the police, but various other forms exist as well, including agencies that focus on specific legal violation, or are organized and overseen by certain Authority, authorities. They typically have various Law enforcement agency powers, powers and Rights, legal rights to allow them to perform their duties, such as the power of arrest and the use of force. Jurisdiction LEAs which have their ability to apply their powers restricted in some way are said to operate within a jurisdiction. Jurisdictions are traditionally restricted to a geographic area and territory. LEA might be able to apply its powers within a Sovereign state, state (e.g. the National Police (France), National Police for the entirety of France), within an administr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cheque
A cheque (or check in American English) is a document that orders a bank, building society, or credit union, to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the ''drawer'', has a transaction banking account (often called a current, cheque, chequing, checking, or share draft account) where the money is held. The drawer writes various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the ''drawee'', to pay the amount of money stated to the payee. Although forms of cheques have been in use since ancient times and at least since the 9th century, they became a highly popular non-cash method for making payments during the 20th century and usage of cheques peaked. By the second half of the 20th century, as cheque processing became automated, billions of cheques were issued annually; these volumes peaked in or a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prosecution
A prosecutor is a legal representative of the prosecution in states with either the adversarial system, which is adopted in common law, or inquisitorial system, which is adopted in Civil law (legal system), civil law. The prosecution is the legal party responsible for presenting the case in a criminal trial against the defendant, an individual accused of breaking the law. Typically, the prosecutor represents the state or the government in the case brought against the accused person. Prosecutor as a legal professional Prosecutors are typically lawyers who possess a law degree and are recognised as suitable legal professionals by the court in which they are acting. This may mean they have been admitted to the bar or obtained a comparable qualification where available, such as solicitor advocates in English law, England law. They become involved in a criminal case once a suspect has been identified and Indictment, charges need to be filed. They are employed by an office of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
District Attorney
In the United States, a district attorney (DA), county attorney, county prosecutor, state attorney, state's attorney, prosecuting attorney, commonwealth's attorney, or solicitor is the chief prosecutor or chief law enforcement officer representing a U.S. state in a local government area, typically a county or a group of counties. The exact scope of the office varies by state. Generally, the prosecutor is said to represent the people of the jurisdiction in the state's courts, typically in criminal matters, against defendants. District attorneys are elected in almost all states, and the role is generally partisan. This is unlike similar roles in other common law jurisdictions, where chief prosecutors are appointed based on merit and expected to be politically independent. The prosecution is the legal party responsible for presenting the case against an individual suspected of breaking the state's criminal law, initiating and directing further criminal investigations, guiding an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
