I'm an independent contract, 1 clients doesn't want to pay in full & sent me a personal check for 1/3 amount owed. On the memo wrote "pd in full"
Question Details: Is what they wrote in the memo line legally binding? And will I still ber able to put a lend on their home and/or take them to small claims?
Are you an attorney? Sign up to answer this question.
Legal Answers Categories
Business Law Answers
Generally, if you cash that check -- it is considered an accord and satisfaction and the client is paid up. If you do not cash your check, then you can sue for the full amount, including placing a lien on the house through the proper process.
Related Business Questions
- Does cashing a check marked "paid in full" mean I can't collect the balance still owed?
- Can the IRS collect from me if I have an installment plan already in place?
- How does the Supreme Court decide to hear a case?
- I understand that ignorance of the law is no defense. However, a friend of mine passed a bad check a...
- Can I cancel a health club contract if I injure myself and can no longer use the equipment or facili...
Didn't find your answer? Ask.
Top Ranking Attorneys
- Hong Shen207 Answers|Points 10350Gold Contributor
- Joseph Gasparrini46 Answers|Points 2200Bronze Contributor
- Kelly Broadbent81 Answers|Points 4000Silver Contributor
- Russ Pietryga78 Answers|Points 3850Silver Contributor
- Shawn Jackson17 Answers|Points 850Bronze Contributor
- Glenn M. Lyon, Esq.27 Answers|Points 1330Bronze Contributor
- Hong Shen207 Answers|Points 10350Gold Contributor
- Kelly Broadbent81 Answers|Points 4000Silver Contributor
- Russ Pietryga78 Answers|Points 3850Silver 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
More Questions Like This...
 |