Post dating checks in massachusetts

03-Jun-2017 08:33

Some states, including California and Georgia, place responsibility on check writers to ensure their checks are not cashed or deposited too quickly.

Other states, like West Virginia, place responsibility on the person the check is written to.

This goal addressed the concern that having 50 different sets of state laws governing such transactions would cause confusion, conflict, and delay in interstate commerce.

Although the UCC is not itself a law, it has been enacted in all 50 states (with limited modifications in certain states).

It's not illegal to postdate a check, unless you're attempting to commit fraud.

You postdate a check by writing a future date on it.

People typically do this when they want to give a check to someone but aren't certain they'll have enough money in their account until a certain date to cover it.

Under the UCC, a check is an order by the “payor” (you, the small business owner) to pay a fixed amount of money to the bearer (or payee -- the tech support contractor).

A negotiable instrument can be made payable “on demand” or “at a definite time.” (UCC § 3-104.) A post-dated check is an order to pay the bearer at a definite time in the future.

With an oral notice, your request is good for only 14 days.

Is it illegal to post-date a check. But, what if the recipient attempts to cash the postdated check at the future date, but the check bounces?… continue reading »

Read more

Cashing a post-dated check by Ezra MA on January 5, 2010 @ Share I received a check from my tenant which should have been dated 1.… continue reading »

Read more

Massachusetts regulations prohibit a debt collector from requesting or demanding a post-dated check for payment of all or some of a debt. Many debt collectors violate this regulation in Massachusetts because federal law allows for the use of post-dated checks in debt collection.… continue reading »

Read more

Best Answer Post dating checks are a thing of the past. People can post date checks all they want but banks are allowed to cash them. If they check has been filled.… continue reading »

Read more

Post Dated Checks Spot Loan Company # Post Dated Checks # Get your fast payday loan online now.… continue reading »

Read more

A "post- dated cheque" is only a bill of exchange when it is. national banks are permitted to pay checks even though payment occurs prior to the date of the check.… continue reading »

Read more