Legal Question in Banking Law in New York
Disputed payment
I received a check that had payment in full written on the memo section of the check. The payment amount is not the full amount owed. If I deposit the check am I out the missing amount?
Asked on 12/18/07, 10:34 am
1 Answer from Attorneys
Glenn Liebert
Delain & Liebert, PLLC
Re: Disputed payment
If the check does have "payment in full" on it, then whatever debt was owed is generally considered satisfied if the check is deposited. Best you ask whoever cut you the check to write another one, MINUS the "payment in full" language.
PLEASE NOTE: THE ANSWER TO THIS QUESTION DOES NOT FORM AN ATTORNEY-CLIENT RELATIONSHIP AND IS PROVIDED AS GENERAL INFORMATION ONLY. FOR LEGAL ADVICE SPECIFIC TO YOUR SITUATION, PLEASE SEEK A CONFIDENTIAL CONSULTATION WITH A LAWYER OF YOUR CHOICE.
Answered on 12/18/07, 12:41 pm
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