not unless you file for bankruptcy yourself. you can, however, go extremely negative to the point where you will get your account closed and sent to collections.
Bounced Checks was created in 1974.
Yes, bounced check charges can be deducted, and no, they can't. As one of the expenses of doing business, businesses can deduct bounced check charges for checks bounced by customers. But as an individual, it isn't possible to deduct charges that are assessed by businesses and banks for bounced checks. According to the tax code, you can't receive a tax benefit from an illegal activity, and bounced checks are considered illegal.
It's criminally illegal to bounce checks. Many people go to jail for this...with our without the bankruptcy.
There is no jail time for 12,000 bounced checks if your a Congressman.
No, you cannot.
Yes it is, you even often see the bounced checks themselves taped to cash registers or somewhere around it to ensure clerks to not accept checks from those individuals.
Yes it's an adjective.
You need to get with your bank to see if they paid your checks or not. If they sent them back to the person who deposited the checks that you made out to them they will be at that person's office or business. You will receive a charge from your bank for bouncing the check and you will also get a bill from who you wrote the check to so you can pick up the bounced check. Some businesses don't keep their bounced checks they turn them over to a collection agency and then they will contact you. Hope this helps.
Can you be a teacher if you go bankrupt ?
Once you go bankrupt you are out of the game so you can go bankrupt once
If you have been given a cheque by somebody and that cheque bounced you can file a legal petition against them. If you have been giving cheques that would bounce, you can be legally prosecuted.
General Motors did go bankrupt.