Circuit City Bouncing Refund Checks, But Will Reissue Them
If you have a Circuit City refund check not deposited before 11/10, it’s going to bounce.
A posting on the internal Circuit City forums from an irate store manager upset over having to shrug his shoulders in response to a customer who had a $2,500 CC refund check bounce elicited this response from the CC accounting team:
Due to the Ch 11 filing, the bank had to put a stop on all checks that had not been deposited. We WILL be reissuing all bounced checks. I don’t have an exact date to tell you, but we intend to make good on every single mail refund that bounced.
Adjust your spreadsheets accordingly.
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