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Some Chrysler checks bounce

Friday, May 08, 2009 at 5:53 p.m.

TOLEDO, OHIO -- An unknown number of Chrysler workers and retirees have seen their checks bounce recently. Chrysler spokesperson Max Gates tells NBC 24 that paper checks dated May 1, 2009 that were cashed or deposited in the hours before a federal judge approved the automaker's bankruptcy plan did not have sufficient funds.

"What we're trying to do now is find out all the folks that were affected by this glitch, resume the checks, and hopefully move along smoothly," Gates said. "Chrysler is in the process of reissuing those checks and all of those employees should be getting their reissued checks shortly."

However, Gates doesn't know if the automaker will cover the penalty fees check recipients are charged by their banks. "Right now I don't know if there is any official policy about paying the bank fees and penalties that people paid as a result of having insufficient funds," Gates admitted.

LINK:Some Chrysler checks bounce : News : WNWO NBC24
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