Legal Question in Credit and Debt Law in Virginia

Check returned NSF

My firm has a contract in place with a VA corporation. We received a check from this corporation for services rendered to date. Unfortunately, the check was returned by the bank for NSF, and worse yet, the State Corporation Commission of VA states that the corporation that was our clientis no longer in business. Can I file a Warrant in Debt against this corporation anyway? Can I file a Warrant in Debt against the person who signed the check, which is the President and Owner of the closed corporation? Or are we basically just out of luck and the dollars?


Asked on 12/10/04, 11:59 am

1 Answer from Attorneys
Robert Strupp Robert J. Strupp,Attorney at Law, PLC

Re: Check returned NSF

First,an action against the corporation may or may not do you any good. If they were to be reinstated, it might be worthwhile. Did they lose their qualification in Va. before or after your contract/payment? If the President wrote a check on a closed bank account that may be actionable. You may have an action against other corporate officers/directors/shareholders depending on who knew what & when.

I hope this is helpful.

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Answered on 12/10/04, 12:28 pm


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