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A delinquent check is one that does not have the funds to support it. This means that the person wrote a check without having the money to back it up, Typical punishments for this range from heavy fines to actual jail time.

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What does it mean to have a delinquent debt?

A delinquent debt is a term used to indicate that an agreement for services and/or goods has not been honored. In other words, a person didn't pay their bill(s).


What does returned deposited item mean?

A bounced check. Probably a check that you deposited into your account was no good so the bank returned it and deducted the money from your account.


What does refer to maker mean on a returned bank check?

"Refer to maker" on a returned bank check indicates that the bank is unable to process the check for some reason, often due to insufficient funds or a closed account. The phrase advises the payee to contact the check writer (the maker) for resolution. Essentially, it's a notification that the check cannot be honored as presented.


What does refer to maker mean when a check is returned from the bank?

When a check is returned from the bank with the notation "refer to maker," it means that the bank is unable to process the check due to insufficient funds or other issues, and the payee should contact the person who issued the check (the maker) for clarification or resolution. Essentially, it indicates that the bank needs more information from the maker before it can honor the check. This situation often arises when the maker's account does not have enough funds to cover the check amount.


What does it mean when a check is returned and it is stamped Uncollected funds hold?

If you receive a check that is stamped with "uncollected funds" or "insufficient funds," it means there was not enough money in your account to pay the amount the check was written for and the bank will not honor your check. Likely, you will be charged a bounced check fee that varies according to your bank's policies.

Related Questions

What does it mean to have a delinquent debt?

A delinquent debt is a term used to indicate that an agreement for services and/or goods has not been honored. In other words, a person didn't pay their bill(s).


What does returned deposited item mean?

A bounced check. Probably a check that you deposited into your account was no good so the bank returned it and deducted the money from your account.


What does the word delincuente mean in Spanish?

Delinquent, felon, offender


What does it mean to bounce a check?

the cheque is being returned(bounced back) by the bank for non-sufficient funds. To bounce back a check means to To bounce back a check means to


What is the difference between been to and gone?

"Been to" is used when you have visited a place and returned, while "gone" is used when you have traveled to a place but have not returned yet. For example, "I have been to Paris" means you visited Paris and returned, whereas "I have gone to Paris" means you have traveled to Paris but are still there.


What does refer to maker mean on a returned bank check?

"Refer to maker" on a returned bank check indicates that the bank is unable to process the check for some reason, often due to insufficient funds or a closed account. The phrase advises the payee to contact the check writer (the maker) for resolution. Essentially, it's a notification that the check cannot be honored as presented.


If a debt has been sent to collection company does it mean that it will automatically effect your credit?

If the OC has reported it to your reports as delinquent and the CA adds a negative entry as well, your score will be greatly affected


What does refer to maker mean on a check returned to a bank account?

This is a generic answer banking institutions like to use when they have a undetermined answer for a check return. Sometimes there may be a freeze on the account or suspected fraud.


What does it mean when a check returned for insufficient funds results in a return check credit posting to your bank account?

It means that the bank has not yet upgraded your account so in a couple of days check your account again and it should be fixed


What is delinquent juvenile mean?

A delinquent juvenile is a young person who has committed a crime or violated a law. They may be subject to the juvenile justice system rather than the adult criminal justice system.


What does it mean when someone sends you a email about a job offer and wants to send you a check up front for expenses?

It means that they are going to send you a fake or stolen check, which you will deposit in your account and send them a wire service payment. Only after you have sent them money will you discover the check has been returned, and you not only lost the money you sent them but you could face criminal charges.


What does CHGBK mean on your bank statement?

The term CHGBK on a bank statement means a chargeback. A chargeback can occur when a check is returned to the bank for insufficient funds.