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Old 07-05-2021, 12:14 PM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by JMintzer View Post
Seems to me that the stop payment order was made after the check was cashed at the "check casing place"...
If that were the case, the bank would honor the check. So, the check store's issue would be with the bank, not the OP. A check cashing store should have the latest information on stop order checks. Also, they should have an insurance policy that can be activated on an individual check basis to guarantee the check. To me, it is more likely that the check store screwed up and wants to intimidate the OP into covering their loss. If I were the OP, I wouldn't pay anything to the check store. To make it worse, the OP could pay the check store and then the bank could honor the check, and the OP would lose $1600 Instead of $800.