This is my first time Posting a new topic so I hope it goes well....
Here are the basics of my problem. I just bought a business in Jan 06 and the old owner of the company was "nice" enough to carry the contract. My August payment through a bank problem bounced. Here is where I need your help as here in my family we have a huge debate over this.
Because the check bounced (my fault on my banks end) they ended up with $580.00 in "fees" associated with my check. My actual check caused a $6.00 "return check fee". Some in my family think that I should pay only the $6.00 some think I should split it with them. I am the only one that thinks I should pay all of it. It was my check that caused the issue (I know only according to them). I have seen the bank statement and it does reflect the charges.
Am I wrong in that I should pay for all of it? I want to run a business that is honest and fair! So in order to do that don`t I need to walk the walk? Or am I being silly and "splitting" or just paying the $6.00 is the way to go!? The reason for the debate is simple, if a customer walked in to the office and their check bounced they would be liable (here any way) for a $25.00 fee, so should I pay the charges based on that reality, or is the "moral" question of do I want to do that to a "friend" the bigger issue?!
I just want to get your opinion. Let me know what you think and THANK YOU in advance for you guidance.
Tony Sorensen Performance Detailing www.performance-detailing.com email@example.com firstname.lastname@example.org