Hot answers tagged

230

Yes, absolutely! You are obligated to pay your rent, and you haven't done so yet. Since this was your landlord's issue and not your own, if your bank charges you a stop payment fee, it would be reasonable for you to request that the landlord allows you to discount the rent by that amount when you rewrite the check.


160

The bottom line is you don't. Checks are rarely written for that amount, currently the average checking balance in the US today is around $6,000 or so. Traditionally, checks were written for much smaller amounts. Perhaps $200 at the grocery store, $100 at the restaurants, $50 at other merchants. Many business would black list those that wrote bad ...


133

The insurance company issued the check. I'd contact the insurance company to have the current check voided and a new one issued to the pharmacy.


104

Your obligation wasn't to write a check...it was to pay your landlord. And you haven't actually paid until money has gone from you to the landlord. So you're still obligated to pay. (You might not have to write another check. Any method of payment the landlord accepts will work. But if they will only accept a check, then check it is.)


100

When this happens, your bank should give you your money back. Your bank will then recover the money from the bank that accepted the check, and that bank will then attempt to recover the money from whoever gave them the check. You have found yourself on the other end of the usual counterfeit check scam. In this case, the counterfeit check that they gave to ...


81

A purchase order is just a document essentially equivalent to a seller facing invoice; where an invoice is the buyer facing piece of transaction documentation. When you fill your cart at Amazon, your submitted cart is your purchase order. Amazon processes your purchase order and issues you an invoice. Payment method is separate from this documentation but ...


69

The best method would be to contact the check cashing place, and have them stop processing. Whether or not that's possible depends on the actual company you used. Talking to the company that you got the loan from will also probably work, and will usually involve you giving the full value of the check back. (That's including whatever the check cashing place ...


67

The norm for disposing of old checks is destroying them, if you really wanted a non-shredder option you could cut a significant portion off and just burn those, or dispose of larger pieces at separate times/locations. However, with a name change you can typically just keep using them. Sign your new name. The name/address portion at the top is mostly a ...


62

In the UK, in the 1980s, if you wrote a cheque to the seller of an item and didn't have the money in your account, the bank would bounce the cheque (and charge you a fee) but the seller would have lost their money and their item. To give slightly more protection to the seller we had the concept of a "cheque guarantee card" - which looked like an ATM card (...


60

If it were me, I would get a new checking account at potentially a new bank, but certainly with a new account number. As Nathan said, there is no need for you to cross her name off the check, but potentially, she could use those checks, or have new checks printed to use. Having her name on the check makes it seem like she is a legitimate signer on the ...


47

It was also common to call the bank and ask if funds were available. It was legitimate to call the number printed on the front of the check and say, "Hi, I have this check for $300 from Artem, account number 1139391874. Is it good?" The bank would either verify funds or say that no, that check would bounce.


46

Use them to make papier mache. Place them in a bucket of water, let them sit for a while, stirring/mashing occasionally, until they become a pulp. Then either discard the mess, or use it creatively: https://en.wikipedia.org/wiki/Papier-m%C3%A2ch%C3%A9


45

This type of situation is all about initiative. If you contact them first, it looks like an honest error you caught. If they discover it and contact you first, then it looks like you tried to get away with something and they caught you. Of course, in the latter case, you will protest that it was an honest mistake, but that just sounds like you're saying ...


43

Yes, you are still obligated to pay the rent. I don't know Canadian law, but in the US, your obligation to pay a debt is generally relieved when control of the money passes to the other person. In a simple case, suppose you paid the landlord with cash. If you gave him the cash, and then as he was on his way to the bank to deposit it, or on his way to the ...


40

You really shouldn’t be crossing anything out on a check. Banks will generally not accept a check with words or numbers crossed out. Instead, if you make a mistake writing a check you can void the check by writing “VOID” in big letters across the check, and write a new one.


37

You need to stop what you are doing right now and cut off contact with them! This is an extremely common scam. Here's how it works: They give you a check, maybe even a certified check. Usually in payment for something they are buying from you. The check happens to be for more than the sales price. They ask you to refund the difference, and pressure you to ...


37

They're completely different things. Purchase orders are an ordering method. Credit cards are a payment method. Purchase orders are a process by which a company tells a vendor what they want to buy. This allows the order and its billing to be tracked. PO 45161 is for Jane in prototyping to be used on the Falcon project. The company buyer orders it. ...


36

This answer is based on my understanding of the US banking system. We have check cashing businesses here too, which are just like what you describe, except for the spelling :-) Let's consider what "cash it for free at the bank" really means, and why it might not be an option for everyone. One key issue is "which bank?" As an example, suppose that I have ...


36

Why on earth did you only consider burning them inside your apartment? Go outside and find somewhere without many people. Could be a park, side of the road somewhere, even an alleyway if you can't easily get out of the city. (Improved idea from Geobits: if you're worried about lighting a fire just anywhere, or if there are local rules about it, many parks ...


34

You do not have to endorse a check at the bank you have an account with. By leaving the back of the check blank, and thus failing to endorse it, you automatically endorse the check with a restricted endorsement (similar to "For Deposit Only"). As such, the teller wouldn't have to call you back to the window as alluded to in stoj's answer. For clarification ...


34

If your business operates on a cash basis (and it probably does), then income is governed by a doctrine known as constructive receipt. From IRS Pub 538: Constructive receipt. Income is constructively received when an amount is credited to your account or made available to you without restriction. You do not need to have possession of it. If you authorize ...


34

The Régie du Logement is the government agency responsible for setting regulations regarding leases in Québec. They are very clear that paying the rent in full is your #1 obligation as a tenant. When paying by cheque, the rent is generally deemed paid when it has been honoured by the tenant’s financial institution, according to the Régie link above. In your ...


32

Simple: Use a secure shredding vendor. Some vendors offer different tiers with different disposal practices, for checks you would obviously want to choose the more (most) secure option. Many office supply vendor chains offer secure shredding services - UPS Store, Office Depot, PostNet, and so on. Googling for your local branches should give you an idea of ...


32

Normally, the check will get processed regardless of what appears on the memo line. You're generally sending the check back along with (a portion of) the bill and the bill is going to have the account number on it. Adding information to the memo is helpful when something goes wrong and your check gets separated from the bill or you make a mistake and ...


30

In addition to the other answers, there were people that relied on the delay of cheque settlement - you could make a purchase with cheque on Thursday, get paid in cash on Friday, put the money in the bank and it would cover the cheque next week when it cleared. It was also possible to "post-date" cheques, with a date in the future. This was supposed to ...


27

It's a scam. The cashier's check will be forged. Craigslist has a warning about it here (item #3). What kind of payment do you think is not fakable? Or at least not likely to be used in scams? When on craigslist - deal only locally and in person. You can ask to see the person's ID if you're being paid by check When being paid by check, how can ...


25

Checks are awesome things in that, even if it gets lost the money doesn't change hands until the check is cashed. I would highly recommend NOT signing a check over and putting it in the mail though. Essentially putting your signature on it is saying yes, pay to whomever. Theoretically acceptable, rarely a good idea. Call the insurance company and have them ...


22

Many of these products are similar in nature and often depend on the issuing bank. Cashier's Check Are checks signed and guaranteed by the bank. This means the funds are coming from the bank instead of your account -- which usually means they immediately take the money from your account. This is usually the most secure of the options and usually doesn't ...


21

There are legitimate reasons: She is a sole proprietor, and doesn't want to give out her last name. She doesn't participate in the banking system for various reasons, and hands the check to a third party. She may have had an unpleasant audit experience with the tax authorities and wants to maintain a smaller record footprint. She may have an abusive spouse ...


21

Try using the IRS tool - Where's My Refund. You could also create and check your tax account or request an account transcript online or via mail. These will show you if they have sent the check and when they did. If they have sent it and it is just floating around in space or someone else has cashed it - you will need to go through their refund trace ...


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