Postdating a check in california
Postdating a check in california - Find girls hook up free tonight no credit card
You should be careful whenever you need to stop payment on your own check, as these types of legal penalties can be applied to you as well.A postdated check is one that can only be cashed after a certain date has passed, which is indicated on the check.
But, there is an exception to this rule: The bank must not charge the person’s account if: (UCC 4-401 (c).) Should the bank nevertheless charge the payor’s account even after receiving proper notice of post-dating as described above, the bank may be liable for damages to the payor that result, including damages from dishonor of later checks drawn on the account.
In order to stop payment on a check, you should take the following steps: If necessary, you may wish to inform the recipient of the check that you have put a stop on the payment.
If needed, you may consider an alternate form of payment.
For instance, the contract may require the person to issue payment for a product or services on a certain date.
If they make the payment with a check, but put a stop on the payment, they might cause a breach of contract situation.
He did not rely on any misrepresentation, but rather disregarded a truthful representation. Incidentally, the tech support contractor’s conduct may be edging into extortion.
That is, he may be trying to squeeze more money out of you through a threat of criminal prosecution.
However, the bank did not honor the check, so at least you are spared overdrafts resulting from the check being cashed.
In the future, be sure to immediately notify your bank of any post-dated checks.
Some banks charge a fee for stopping payments on a check.
If you have been issued a check, and payment was stopped on it, you may be able to sue for damages.
It’s usually customary to inform the recipient of such as check that it has been post-dated.