CRS helps you recover funds on checks that come back from your bank unpaid. We recover 100% of the face value of the check, and we do not get paid until you do! We do all the work on the collection side, and all you have to do is wait for the funds to be deposited into your account!
We can easily monitor the check writer's account for 4 - 7 business days, and when the funds are available, we will electronically transfer the funds from the check writers account to your account. Its that easy! Should the funds not be available CRS will send out letters to the check writer demanding the funds within 10 days. If the check writer does not respond with payment within those 10 days, all information on the check writer is reported to Certegy.
By reporting this information to Certegy, which is the largest national check authorization database, the check writers' check writing privileges will be shut off, no more writing checks, ordering checks, or opening new bank accounts.
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