0
What else can I help you with?
Is it legal to stop payment on a check that is going to overdraw your account?
It is legal to do so as long as the reason for writing the check in the first place was not fraudulent, and as long as you promptly take other means to make good on the payment.
How long are written check stop payments valid?
It depends on the bank. Most stop payments are lifted after 6 months. Here's an article about how to stop payment on a check. http://stopchex.com/how-to-stop-payment-on-a-check.html
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 you stop payment on a check if its going to over draw your account?
Yes, you can do a stop payment. However, the bank where you issue the stop payment will charge a fee for doing so. Plus, the person to whom you gave the check can sue you for non-payment of money and file a legal complaint against you to the police. This can cause you to be arrested.
Can someone cash a check that a stop payment was placed over a year ago?
yes a stop payment on a check will remain permanently once the bank places it
How long does a stop payment take to process?
A stop payment typically takes 24 to 48 hours to process.
How long does a stop payment typically take to process?
A stop payment typically takes 24 to 48 hours to process.
Is it legal to stop payment on a check that is going to overdraw your account?
It is legal to do so as long as the reason for writing the check in the first place was not fraudulent, and as long as you promptly take other means to make good on the payment.
How long do you have to wait to stop payment on a check that has not been cashed?
you can place a stop payment on a check right after you write the check if you want to pay the fee
How long are written check stop payments valid?
It depends on the bank. Most stop payments are lifted after 6 months. Here's an article about how to stop payment on a check. http://stopchex.com/how-to-stop-payment-on-a-check.html
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.
What happens if you are late on a payment or stop making your monthly payment on the house?
The lender will begin the process to take possession of the property by foreclosure.
How long does it take for a stop payment to happen?
subjective...depends on the bank. most will do it immediately. they essentially flag your acct so when the check comes through to be paid, they will refuse it.
How long does it take to transfer money from Denmark to England?
how long does it take to recieve payment from a danish bank to uk bank
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.
Is stop payment check a fraud?
if you stop payment because the funds are not available then yes it is.
