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The check can be used by anyone who finds it and be cashed. The finder can create fake identification documents and pose as the person to whom you issued it and cash it. So, the best thing to do would be to issue a stop payment so that, even if someone finds it, they cannot encash it
What else can I help you with?
What is personal risk?
Risk that is personal.
What should I do if I lost my check in the mail?
If you lost your check in the mail, you should contact the issuer of the check immediately to report it as lost. They can then issue a stop payment on the lost check and reissue a new one to you.
What tests are done in an annual medical check-up?
it really depends on your current health, your risk factors (personal and familial) for disease, your gender and your age
What tests are done in an annual medical check up?
it really depends on your current health, your risk factors (personal and familial) for disease, your gender and your age
Did the check get lost in the mail?
It is possible that the check got lost in the mail.
Can you get a cashier check with a personal check?
Yes, you can normally exchange a personal check for a cashier's check at the bank on which the personal check is drawn (the bank named on the check). The bank will immediately withdraw the funds from the personal account and apply them towards the cashier's check.
Where can one obtain high risk personal loans?
There are many places where one could obtain high risk personal loans. High risk personal loans can be obtained from such places as a bank or other financial institution.
If a landlord loses the rent is renter still liable?
Are you saying that you paid the rent and then the landlord lost the payment? You would have to determine at which point the rent was lost. For instance, if the check never arrived in the mail and was not cashed, then it wasn't the fault of the landlord. If it is a personal check, then payment could be stopped and the check replaced, without a problem.
What is safer a cashiers check or a personal check?
A cashiers check is far safer than a personal check, whether you are the payee or the payor. If you are the payee (the one receiving the check) and receive a personal check that is insufficient, you have very little recourse in obtaining the money owed to you. If you are paid with a cashiers check, it is guaranteed funds, since the bank will only issue the check with available funds (meaning it has to be paid for with cash or purchased at the person's bank, where the bank can verify there are sufficient funds in their account to cover the amount of the check). If you are the payor (the one paying by check), the bank can trace the check for you if the person to whom you were paying loses it or says they never received it. Also, if the check does get lost, it will be far more difficult for someone to forge their signature to it and cash it. Also, a cashiers check does not have as much personal identification on it like a personal check does (address, checking account number, etc.).
Are employers responsible for overdrafts to an employees personal bank account if that employee writes checks but their paycheck gets lost in the mail?
Sorry, but no. You are held responsible. It's not the employers fault that the check was lost or delayed in the mail.
Can your bank track a lost check?
If you have lost a check and it has been cashed your bank can determine where.
Where can I change a personal check?
You can change a personal check at a bank, credit union, or check-cashing store.
