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Q: Why do you think people and businesses are not legally required to accept a check for payment?
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Are retailers required by law to accept any US coins in payment for goods?

No, they are not required to accept any US coins for payment for goods. They are only the ones that are in current circulation.Ê


Where do they accept credit cards for a business or businesses?

Many businesses accept payment by credit cards according to information available on the internet. The information states that if a customer or other business department offers a credit card then that method of payment is acceptable as long as their is not a history of bad debt. A history of bad debt would require a direct bank transfer payment or cash payment.


Can a mortgage company legally refuse to accept a good-faith payment on a delinquent account due to disability?

The bank can refuse a payment if it is not enough to pay the past due amount. In this case, you may need to contact your bank about payment options.


Can you negotiate with collection agencies without making a one time payment or is this the only way to make a deal with them?

Some collection agencies are authorized by their clients to make payment arrangements. Some agency actually purchase the debt and will or won't make arrangements. It is up to the individual agencies and their policies. Your best option is to contact the original creditor, explain why you fell behind, be very apologetic, and ask for payment arrangements. Legally, they are not required to accept payments once you fall delinquent. They do not even have to accept partial payments.


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

Related questions

Are businesses required to accept checks?

No -------------------- The short answer is no. State laws have some requirements for businesses to accept forms of payment, but generally speaking - a business owner can choose what form of payments they will accept including 'cash only'.


Are retailers required by law to accept any US coins in payment for goods?

No, they are not required to accept any US coins for payment for goods. They are only the ones that are in current circulation.Ê


What does a credit card processor do?

It helps businesses increase their sales. It is useful to accept all forms of payment


Where do they accept credit cards for a business or businesses?

Many businesses accept payment by credit cards according to information available on the internet. The information states that if a customer or other business department offers a credit card then that method of payment is acceptable as long as their is not a history of bad debt. A history of bad debt would require a direct bank transfer payment or cash payment.


Can PayPal payments be made for non-eBay buys?

Yes, many businesses accept PayPal payment now, you need to see if they say they accept it first.


Are you legally required to accept a salvage title for a car that insurer says is total loss?

No you don't


True or False A retailer is required by law to accept any US coins in payment for goods?

TRUE


What are some of the typical payment systems found in businesses today?

Payment systems, also known as merchant services, allow businesses to accept payments in the form of credit and debit cards in exchange for paying a small fee per transaction to the provider. Some companies that offer this service include Virtual Payment System, ITEX, and Intuit Payment Systems.


Which businesses do not accept American Express?

Businesses will post the credit cards that they accept.


Can a mortgage company legally refuse to accept a good-faith payment on a delinquent account due to disability?

The bank can refuse a payment if it is not enough to pay the past due amount. In this case, you may need to contact your bank about payment options.


Does stub hub accept paypal?

Yes, matter of fact eBay owns Stubhub. Any of the eBay owned businesses integrate the paypal payment option.


What are the Medicare laws regarding Pain Clinics?

Contact Medicare or the clinic to see if they accept a Medicare payment. You may be required to pay the difference between the actual cost and the payment from Medicare.