Want this question answered?
The bank will hold you responsible for the bounced check. But you can sue the person who wrote you the check that bounced for the check amount and for the resulting penalties and your court costs.
Nothing
This means the bank has bounced a check that was deposited.
You contact the person or business you wrote the bad check to and you take the money to them and pick up your bad check.
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.
A bounced check is one that is "Returned for insufficient funds"
Yes, a check cashing business can be sued for filing criminal charges if they were aware that repayment was going to be made. Filing criminal charges in such circumstances could be considered malicious prosecution, which is illegal. The individual could seek legal recourse for damages.
No. A bounced check is not a theft but a felony. If a person issues a check that bounces, he/she can be legally prosecuted by the person who did not get paid because of the check bounce. The bank too would charge a fine for issuing a check that bounced.
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.
The bank will hold you responsible for the bounced check. But you can sue the person who wrote you the check that bounced for the check amount and for the resulting penalties and your court costs.
There is no jail time for 12,000 bounced checks if your a Congressman.
Nothing
Nothing
Depends on the amount
Yes.
Rubber, or bounced.
Yes.