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When asked for a special receipt or release before you get a check…

December 21, 2011

When asked for a special receipt or releas before you get a check (examples: when an insurance claim paid or contractor places a lien on a property).

Follow these steps:

  • Make sure the payment represents all of the money your owed.
  • Ask person in your company most familiar with the transaction if they think the release could work against your company’s interests.
  • Ask your supervisor if the release should be read reviewed by your firm’s attorneys.
  • Give all of the facts to the appropriate company official for a final decision.
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