Fixing a Bounced Check for Rent

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Sometimes it’s just an accident, sometimes you’re skating on the edge and other times you’re writing checks you can’t cash on purpose. Whatever the reason you’ve bounced a rent check you had better make amends immediately or you could end up without a home.

The first step is to tell the landlord of your mistake, believe me your landlord will take it better coming from you than the bank.

The next step is to try to arrange a payment schedule that will work for both of you. If you’re going to have the money in a day or two be sure to let the landlord know and then pay it as soon as you can. If you’re hit hard times you may need some sort of extension, see if your landlord will agree to a written extension.

If you think there will be a problem making the rent payments on time and in full for a while you should talk to your landlord about a possible temporary rent reduction. During this difficult economic time some landlords are having trouble getting tenants so having one that’s already there, proving to be fairly reliable and in need of a small discount in rent might be just fine.

But whatever you do, if you bounce a check to your landlord, don’t ignore the landlord or the situation, it won’t resolve itself.

Creative Commons License photo credit:?jurvetson