Legal Question in Banking Law in New York

Was the check sent to you marked "payment in full" or other such notation? Did you record the note in the County Clerk's office? I think the bottom line here is going to be that you got the short end of the stick. Be grateful you got your money back at all.

I somewhat disagree with my colleague. Here are some things you can do:

1) strike out any notations of payment in full etc.

2) note "balance remaining' (near memo line) and back of check

3) note "under protest" front (near memo line) and back of check

4) send a written notice to the payor about the remaining balance and even better I highly recommend that you consider an attorney's letter to the payor that will note the balance due and other relevant information that will make collection easier.

Such an attorney's letter is not expensive and is a good way to preserve your rights. Contact me directly

Roman R. Fichman, Esq.

www.TheLegalists.com │ @TheLegalist

email: Info (@) TheLegalists (dot) com

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