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I would like to add... if a company was really out of money, why would they send checks? Bouncing checks costs money, quite a bit of money. No sane company in their right mind would send out checks that they knew were going to bounce. Not only would they have to pay fees that they could incur from their bank, but they would also have to pay for fees that the affiliates incur at their banks. That's a lot of wasted money.
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