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Who is responsible for a check after a stop payment is put on it?
Wiki User
∙ 9y ago
If the person issueing a check puts a stop payment on it, the person or business to whom the money is owed has legal recourse to sue.
Wiki User
∙ 9y ago
The person who placed the stop payment on the check is responsible for any fees associated with stopping the payment. The check recipient might also have to pay fees if they try to cash or deposit the stopped check. Ultimately, the responsibility for resolving any issues related to the stopped check lies with the account holder who placed the stop payment.
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Can a business sue an owner for a contractor not paying for materials even though the owner paid the contractor in full and the contractor was responsible for all materials?
It depends on the specific details of the situation and the contract terms between the business, owner, and contractor. The business could potentially sue the owner for non-payment depending on the legal agreements in place, but it would be advisable to consult with a legal professional for guidance on the best course of action.
Is it legal to write a post dated check in Pennsylvania?
Yes, it is legal to write a post-dated check in Pennsylvania. However, banks are not obligated to honor post-dated checks, so there is a risk that the check could be deposited before the date written on it. It is recommended to communicate with the payee about the date the check should be deposited.
Is it a law that you must take coin as payment?
In the United States, there is no federal law that requires businesses to accept coins as payment. However, the Federal Reserve states that U.S. coins and currency are legal tender for all debts, public charges, taxes, and dues. Individual businesses may have their own policies regarding coin acceptance.
Is it true that inmates accounts get put on hold right before release?
It is not true that inmate accounts get put on hold right before release. Inmates may have restrictions on account activity, but their accounts are typically not put on hold as they prepare for release.
Who is responsible for a person under da age of 15 put on there seatbelt?
The responsibility for ensuring a person under the age of 15 wears their seatbelt falls on the driver of the vehicle. It is the driver's legal obligation to make sure all passengers, including children, are properly restrained according to the law.
Can you put a stop payment on a certified check?
No, one cannot put a stop payment on a certified check. The point of issuing a certified check is to guarantee that the check can be cashed immediately - like cash.
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.
If you place a hold on a check can it be cashed after 15 days in the US?
It is always best to put a stop payment on a check if you do not want the check to be cashed. All banks can put a stop payment on a check easily for a fee.
Can a stop payment be put on a check after it has been run through a bank account with insufficient funds?
No. A Stop Payment can be issued on a check only before it is being submitted for clearance. If the person to whom you have issued the check has not yet deposited it into his account or if you have lost the check itself, you can issue a stop payment on it. But, if the check has already been deposited and returned by the bank because of lack of funds, you cannot issue stop payment.
Is it legal to put stop payment o a check?
Yes. It is perfectly legal for the person who issued the check to put a stop payment on it. However, if the check was issued to pay for some goods or services offered by someone or for a loan, the receiving entity also has a legal claim and hence can file a police complaint against you for not making the payment. So, you need to talk to the person to whom you gave the check to settle the amount amicably before you issue the stop payment.
Will banks cash a stale dated check?
Yes, they will.Our company stopped payment on a check back in 2006. The personreceiving the check said it was lost.The check was cashed one year later. The bank said the stop payment was only good for 6 months. If you put a stop on a check, eitherstop payment every six months or change your account.The check was a small dollar amount.What we learned - we have to go back and stop payment every 6 months.
Can a person stop payment on a check because it was not cashed within a certain time frame - like 2-3 weeks?
you can put a stop payment on any check for any reason. Go to your bank and ask them- tell them you think it's lost. Most banks charge $25 for a stop payement fee. Some you can do online.
Checking account check missing?
You may want to put a stop payment on the check depending on its amount. There is usually a fee to place a stop payment on an acct. Some banks fees are $40 to $50. If the check is for $10 then it would make no sense to place a $50 stop payment because you would not get the $50 back. Im not sure about you but i would rather somebody cash a $10 check rather than losing $50 on a stop payment. If the check was for a substantial amount lets say $500 then it would behove you to place a stop payment. If the stop payment was $50 then it would save you $450 if someone where to try and cash the check.
Can a cashiers check have a stop payment put on it by telephone?
if the check was made out to a company that is now being investigated, can it be stopped if it has not cleared the bank or if it has cleared the bank is there a 30,60 or 90 day rule?
Can a stop payment put on because funds are not available?
because..........
Can a stop payment be put on check issued by title company after closing?
after closing and recording of property to new owner can a fidelity title company stop payment on a sale on a property. a lein was later discovered on the property after disbursments of sale were made by cashier checks and deposited
How do I send in a payment without coupon mailed just the coupon in the envelope but forgot to put in check?
How do I send in a payment without a coupon? I mailed the coupon but forgot to put the check in the envelope.
