Edit Legal Illinois Bad Checks Forms For Free

The Demand Letter Your demand letter must request that you be paid the full amount of the check, any bank fees and the cost of mailing the demand. It also tells the person who gave you the bad check, that if they do not pay within 30 days of your mailing the demand letter, you can sue for the check plus damages.

Penalties for Check Fraud Under 720 ILCS 5/17-1, the commission of a ?deceptive practice? will generally be considered a Class A misdemeanor, which is punishable by up to one year in jail and a fine of $2,500. The law sets out several exceptions that will upgrade the offense to Class 4 felony, however.

This letter serves as notice that your check number __________________,drawn on _______________________Bank or Credit Union, dated _________________, in the amount of $________________, made payable to _____________________, has been refused payment by your bank for the reason of lack of funds, insufficient funds, stop ...

Many people believe that check fraud, as a white collar crime, is not all that serious. In truth, if your charges of check fraud fall under the Illinois definitions of forgery or embezzlement, you could face felony charges and prison time.

But whether you'll face criminal penalties can depend on the laws in your state and if you cashed a bad check intentionally. If you are the victim of a scam and deposited a bad check in good faith, you're unlikely to face criminal charges. But if you knowingly deposited a check, you might face fines and jail time.

Key Takeaways. A bad check refers to a check that can't be negotiated or honored because it's drawn on a nonexistent account or one that has insufficient funds. A bad check is also known as a hot check.