Client wrote a check to my business. I cashed it at a cash advance place for 10%. The check was returned NSF. Advance place says I have to pay. T/F?
Question Details: Who is now responsible for the check? Cash advance place verified funds before cashing. How am I responsible? They also want me to pay returned check fees. Is this legal? Shouldn't person who wrote bad check be held responsible?
Are you an attorney? Sign up to answer this question.
Legal Answers Categories
Business Law Answers
Most likely there is some sort of contract or form you signed when going to the cash advance place. That form should spell out what sort of remedies are available to you and your business, if any remedies are available.
Your best bet is to contact a skilled and experienced attorney in your local area who can then work with you and advise you how to proceed. Good luck.
Related Business Questions
- I understand that ignorance of the law is no defense. However, a friend of mine passed a bad check a...
- How Are Motorcycle Accident Attorneys Compensated?
- Does cashing a check marked "paid in full" mean I can't collect the balance still owed?
- Can I get into trouble with balance transfers in the bankruptcy process?
- How To Arrange for Care if You Become Disabled
Didn't find your answer? Ask.
Top Ranking Attorneys
- Hong Shen203 Answers|Points 10150Gold Contributor
- Joseph Gasparrini43 Answers|Points 2050Bronze Contributor
- Kelly Broadbent81 Answers|Points 4000Silver Contributor
- Russ Pietryga66 Answers|Points 3250Bronze Contributor
- Shawn Jackson17 Answers|Points 850Bronze Contributor
- Jonathan Griffin14 Answers|Points 700Bronze Contributor
- Hong Shen203 Answers|Points 10150Gold Contributor
- Kelly Broadbent81 Answers|Points 4000Silver Contributor
- Russ Pietryga66 Answers|Points 3250Bronze Contributor
- Sharon Siegel62 Answers|Points 3090Bronze Contributor
- Michael D. Siegel56 Answers|Points 2750Bronze Contributor
- Paula McGill50 Answers|Points 2500Bronze Contributor
Are you a lawyer?Want to be featured here? Sign up for a free profile and get started today! Click Here
 |