I have converted a loan to a Paymer check

The obligation-type check issued to you is a promissory note that corresponds to a common debtor's receipt which informs that the user agrees to pay the bearer the sum of the loan.
Being the owner of this note you can:
- sell the given note at the debt mart to another member or a collection agency: http://wiki.wmtransfer.com/wiki/show/Debt_Mart
- apply to the judicial authorities to collect the debt through the court: https://wiki.wmtransfer.com/wiki/show/Using_Paymer_checks_for_loan_repayment