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because..........
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∙ 13y ago
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Can a stop payment be put on a check after it has been run through a bank account with insufficient funds?
No. A Stop Payment can be issued on a check only before it is being submitted for clearance. If the person to whom you have issued the check has not yet deposited it into his account or if you have lost the check itself, you can issue a stop payment on it. But, if the check has already been deposited and returned by the bank because of lack of funds, you cannot issue stop payment.
Can you put a stop payment on a check after it is cashed?
No. A stop payment can be issued only before the check payment is made by the bank. If you try a stop payment after the bank has paid for the check, the bank wont accept it because the stop payment instruction is useless now and cannot be executed.
Who can stop payment of a cheque?
The person who issued the cheque can issue the stop payment on the cheque. As long as the check isn't submitted for payment yet, you can issue the stop payment request. But, if the check is already paid the bank will not accept the stop payment. A point to note is that, the person to whom you gave the check can prosecute you legally for doing so because he wont get paid for the check
Can you make payment arrangements to pay a pay day loan and then stop payment on the check so you are not charged bank fees?
You will be charged bank fees for stopping payment on a check, but you might be able to talk to the bank to avoid fees for insufficient funds, if you somehow paid this same bill twice when you used online bill pay. You probably should pay the bank a visit so you understand the process better and they could help with the double payment. You cannot legally stop payment on a check that has been rendered to pay a valid debt. This is especially true of a pay day loan, as the lender includes in their agreement that any such action will result in the borrower being charged a large penalty fee. The best option is to make sure you have sufficient funds to cover the payment that has been rendered and try to work out a lesser payment agreement with them in the future.
Can you stop payment on a cashiers check?
Being able to place a stop payment on a cashier's check depends on the bank. If the cashier's check has been lost or stolen the bank may place a stop payment on it.
Is stop payment check a fraud?
if you stop payment because the funds are not available then yes it is.
Can a stop payment be put on a check after it has been run through a bank account with insufficient funds?
No. A Stop Payment can be issued on a check only before it is being submitted for clearance. If the person to whom you have issued the check has not yet deposited it into his account or if you have lost the check itself, you can issue a stop payment on it. But, if the check has already been deposited and returned by the bank because of lack of funds, you cannot issue stop payment.
Can you put a stop payment on a check after it is cashed?
No. A stop payment can be issued only before the check payment is made by the bank. If you try a stop payment after the bank has paid for the check, the bank wont accept it because the stop payment instruction is useless now and cannot be executed.
How can the IMF legally put a stop payment on a benefeciarys funds?
They can't. The IMF is not a bank and has no jurisdiction in the conduct of normal monetary transactions.
What if you stop payment on a check due to the payee saying he lost the check but he cashed the check at a check cashing business after you stopped payment on the check what happens?
The check cashing business will be unable to recover the funds from your bank.
Who can stop payment of a cheque?
The person who issued the cheque can issue the stop payment on the cheque. As long as the check isn't submitted for payment yet, you can issue the stop payment request. But, if the check is already paid the bank will not accept the stop payment. A point to note is that, the person to whom you gave the check can prosecute you legally for doing so because he wont get paid for the check
Can you stop payment on any check?
As long as the check isn't submitted for payment yet, you can issue the stop payment request. But, if the check is already paid the bank will not accept the stop payment. A point to note is that, the person to whom you gave the check can prosecute you legally for doing so because he wont get paid for the check.
Can a cosigner go to jail if you stop paying your car payment?
because jesus died for me and you.
How to stop a check that was allready deposit?
You can try calling your bank and ask them to stop the check immediately. If your bank has not yet processed the payment for the check, then the bank will be able to stop the transaction. However, if they have already passed on the payment to the target bank, unfortunately they cant help you because you issued the check and failed to notify the bank on time to stop the payment.
Can you stop payment on a postal money order because of non receipt of goods and services?
You have two (2) years to stop payment on a US postal money order. You have forms to fill out one to stop payment that will cost you 6.40 or so and than a for 306 for them to pay you back your money if they decide it was fraud.
Stop payment request letter plus sample needed?
Stop payment throught credit card
Stop payment on check to mechanic shop?
THis ain't no question.... why would you stop payment on a check anyway
