Prepare Legal Colorado Bad Checks Forms For Free

Check fraud, or writing a bad check to pay for goods or services, is a serious offense in Colorado. Depending on the amount of money in question, penalties may include felony or misdemeanor charges. Colorado Revised Statute 18.5. 205 is the Colorado statute that defines the crime of check fraud.

What Happens If I Write a Bad Check in Colorado? Value of Property, Items, or Services DefraudedCriminal Offense Type$50 or more but less than $300Class 3 Misdemeanor$300 or more but less than $750Class 2 Misdemeanor$750 or more but less than $2,000Class 1 Misdemeanor$2,000 or more.Class 6 Felony1 more row

Send certified mail. The check you wrote for $________, dated ______, which was made payable to _____________(write your/payee's name here), was returned by ______________ (write name of bank) because ____________(account was closed OR the account had insufficient funds).

A bad check is a check the bank will not honor. There are three kinds of bad checks. Non-Sufficient Funds (NSF) checks: A check is NSF if there is not enough money in the account to pay it or the account is closed. Stop Payment checks: The person who wrote the check told the bank to stop payment.

People who write bad checks are normally charged fees by their banks and they could be on the hook for any fees incurred by the payee as well. Knowingly writing a bad check may constitute a misdemeanor or a felony, depending on the amount of the check and the state in which it was written.

You may be responsible for repaying the entire amount of the check. While bank policies and state laws vary, you may have to pay the bank the entire amount of the fraudulent check that you cashed or deposited into your account. You may have to pay overdraft fees.