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Who is liable if a check bounces through a check cashing place?
Wiki User
∙ 13y ago
The maker of the check is always responsible for issuing a bad check regardless of how it was negotiated, provided it was negotiable when it was cashed. A check is negotiable when it is properly endorsed, within an appropriate date range (not stale- or post-dated), signed by the maker, etc.
Wiki User
∙ 13y ago
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If a payroll check cashed at a check cashing facility is NSF can the check cashing facility hold the payee liable?
Yes, the payee received the funds from the bad check and is responsible for returning those funds to the check cashing facility. The payee can then seek restitution from the maker for the funds from the check plus any fees, etc. they paid.
Can a check cashing be sued if they place criminal charges for a bounced check knowing that repayments were going to be made?
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.
Can a check cashing loan be turned into a warrant if check bounces and what is statute of limitation on this?
That would depend upon which state you live in. Please restate your question with the name of the state you are referring to.
Can a check cashing loan be turned into a warrant if check bounces and what is the statute of limitations on this in Kentucky?
Written agreements in Kentucky are long. They have 15 years to bring a case. And if it is a felony, there is no statute of limitations.
What should I know before using check cashing services?
Find out what sort of fees that service charges to cash your check, and make sure it is not an outrageous fee. Make sure that they are just cashing the check, not offering you a payday loan that you would have to pay back with interest. Finally, find out what their policy is if the check bounces or is returned to them.
Cashing a fake cashier's check in Oklahoma?
Cashing or attempting to cash a fake cashier's check in Oklahoma can have severe penalty. The person attempting to cash the check will be liable for the entire amount of the forged check along with other penalties. Also, that person will not be able to open a bank account for up to five years.
If check cashed at check cashing service is returned who is responsible?
The payee (person who received the money from the check cashing service) is responsible to the check cashing service for the bad check. They must repay the money and any fees associated with the check return. However, the maker (person who wrote the check originally) is responsible to the payee for providing an alternate form of payment for the amount of the check, and may also be liable for any fees associated with the check's return that the payee had to pay to the check cashing service. So, in short: The person who received the money from the check cashing service repays the service The person who originally issued/wrote the bad check is still responsible for paying the person to whom he gave the bad check.
Can a check cashing store prosecute you for cashing a fake check?
Yes, a check cashing store can press charges against you for cashing a fake check, as it is considered fraud. This action can lead to legal consequences and potentially criminal charges being filed against you. It is important to always verify the authenticity of a check before trying to cash it.
I cashed a check from a insurance company at a check cashing store and they notified me 4 days later that a stop payment had been put on it and now i am being told i am liable for the money?
Yes, you do owe the money to the check cashing store, including any fees that they had to pay for the bad check. It is your responsibility to resolve the problem with the insurance company that issued the check.
What are some popular check cashing locations?
Some of the more popular check cashing locations will vary by city, but Walmart, Check N Go, The Check Cashing Store, and Speedy Cash are some popular check cashing locations.
How to cash a personal check?
You can cash it at your bank, or check cashing retail store. Check your phone book or Google search check cashing with your city name. (i.e check cashing Orlando)
How do you get cash back with a check?
Go to a bank or check cashing place. You wil be charged a fee with the check cashing.
