Post dating checks texas
Federal lawdoes not provide a minimum time period within which you notify the bank.You should do it as soon as possible to allow the bank time to process the instructions.I have heard that there are none, and a check is a legal instrument the moment it is presented as payment.The post-dating is nothing more than a friendly request to not cash it until the date specified.pretty much you have no recourse from nolo The bank can cash your postdated check at any time, even before its authorized date, unless you specifically instruct it otherwise.no money is no money but the fact you have a post dated check , if it does not go through when dated and bounces can make it a criminal offense and not just a civil matter .passing a bad check is a crime , owing money is usually not ..Please register to participate in our discussions with 2 million other members - it's free and quick!Some forums can only be seen by registered members.
If the above 'imperfect' checks are treated differently by ATMs/check processors, and tellers (it must vary).Federal law restricts what a debt collector can and cannot do with your postdated check.Specifically, under the Fair Debt Collection Practices Act (FDCPA), a debt collector cannot: coerce you into making a postdated payment by threatening (or instituting) criminal proceedings accept a payment that is post-dated more than five days in the future, unless three to five days prior to cashing the payment the debt collector notifies you in writing that it intends to deposit the payment, or deposit (or threaten to deposit) your postdated payment early.Post Dated checks are perfectly legal as long as the person who receives the check does not cash it before its due date. None of this is answering the question as to what is the law!!Please note: If you send a post dated check in to ,say your mortgage company!! They will send it on to the bank, If it is early..... I WILL be learning this today and will answer here again.
This means that you dont have a claim against your bank unless you notified it not to release the funds.