Is post dating checks allowed Live free trail sex chat

10 Dec

[...] If a bank charges against the account of a customer a check before the date stated in the notice of postdating, the bank is liable for damages for the loss resulting from its act.

The loss may include damages for dishonor of subsequent items under Section 4-402. You're writing a future date on the check, not past, to ensure that the check will not be deposited before that day.

You could go after the person you wrote your check to, on the grounds that he broke an agreement to hold off on cashing the check.

But that might be hard to prove, and the amount involved—the bounced check fees—probably aren’t enough to sue over. If they weren’t, “pay day” lenders, and other crude forms of credit, couldn’t exist.

If you speak with a debt collector on the phone, and he or she is encouraging you to make a payment on your debt, you may have the desire to make the payment. If you know you are about to get paid or come into some money, and you tell the debt collector that, in many cases the debt collector will encourage you to send in a post-dated check.

The collector will promise not to deposit the check before the date written on the check.

Although banks aren't supposed to put checks through before the date that is written on them, it happens all the time - banks can't catch every check that is post-dated.

A bank may in some cases pay a post-dated check before the date on the check unless the customer notifies the bank not to pay it.

This doesn't prevent the recipient of cashing the check, but it does prevent your bank from charging your account until the date you specify NOTE: This may be considered a form of stop payment, and you may be subject to the fees noted by your institution.

Source: [Uniform Commercial Code - Article 4A § 4-401] (c) A bank may charge against the account of a customer a check that is otherwise properly payable from the account, even though payment was made before the date of the check, unless the customer has given notice to the bank of the postdating describing the check with reasonable certainty.

It is not illegal to write a post dated check nor to give it out as long as there is no illegal intent.

This is not an infrequent complaint about debt collectors.