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Lobby General Discussion topic #12895265

Subject: "You send a check, they go weeks without cashing, does interest accrue?" Previous topic | Next topic
Jon
Charter member
18687 posts
Sun Sep-13-15 08:58 AM

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"You send a check, they go weeks without cashing, does interest accrue?"
Sun Sep-13-15 08:59 AM by Jon

          

Family member recently got a decent job, sent a thousand dollars to pay off a chunk of a debt in collections that is accruing interest fast, and the lawyer she sends the checks to has been sitting on it for like 3 weeks now, the money hasn't been taken. Can this cat just hold it indefinitely and watch interest continue to rise on her?

  

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Topic Outline
Subject Author Message Date ID
no.
Sep 13th 2015
1
why do u need to pay a debt thru a lawyer? i'd say yes though
Sep 13th 2015
2
does the lawyer hold the debt?
Sep 13th 2015
3

ndibs
Member since Aug 06th 2012
12715 posts
Sun Sep-13-15 09:00 AM

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1. "no."
In response to Reply # 0


          

if they have proof of payment/mailing AND they're willing to raise hell go to court over it.

otherwise probably yes.

  

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thegodcam
Member since Oct 22nd 2004
41537 posts
Sun Sep-13-15 09:15 AM

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2. "why do u need to pay a debt thru a lawyer? i'd say yes though"
In response to Reply # 0
Sun Sep-13-15 09:23 AM by thegodcam

  

          

how is the company that is owed money suppose to know when the check was made to them? if somebody gives me a check today with a valid date for a month before, the truth is i only had access to said money today and not a month earlier... not to mention that i dont know if the person wrote the check this morning with a false date on it....

*******************************************************
i will not let finite disappointment undermine infinite hope
- Cory Booker

Football is a simple game; 22 men chase a ball for 90 minutes, and at the end the Germans always win
- Gary Lineker

  

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legsdiamond
Member since May 05th 2011
81139 posts
Sun Sep-13-15 12:48 PM

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3. "does the lawyer hold the debt?"
In response to Reply # 0


          

****************
TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*

  

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