If you are a psychotherapist who is considering extending credit to your client i.e. allowing them to post-date a check or allowing them to pay you later by accruing a balance, you might want to re-think that decision. Check out this article, “The Red Flags Rule,” written by attorney Richard S. Leslie, J.D.
[Update 08-25-12: Check out this update that both clarifies and narrows “The Red Flags Rule.”]
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