My son stopped payment on a check to a contractor who stole material from his home. The contractor cashed the check at Ace Check Cashing Co. When the bank didn't honor it, Ace threatened to report my son to the credit reporting agencies if he didn't pay it, plus a $30 collection fee, pursuant to UCC Section 3.302. Are they entitled to collect under this statute?
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This question is very much like one in BOL's Threads discussions, and is still accurate as to the reply. Please review 