maggie2009
New Member
State: CT
In January, I wrote a check as a loan to someone, to be repaid within 90 days. they said they needed it urgently to pay a debt due by 2/1. The check was not cashed, so I put a stop payment on it a week after the recipient stated they needed it, assuming that they somehow got the cash themselves.
The following week, they cashed the check, and the bank did not see the stop payment. The money came out of my account, and when I called the bank they put the money back. I did not know if the bank 'ate' it, or recovered the money.
I recently recieved the payment from the recipient for payment in full. Therefore, I'm assuming the bank 'ate' the money to pay me back for their mistake.
Therefore, should I still be able to cash the check? It was not an intentional gain, so I'm thinking of cashing it.
In January, I wrote a check as a loan to someone, to be repaid within 90 days. they said they needed it urgently to pay a debt due by 2/1. The check was not cashed, so I put a stop payment on it a week after the recipient stated they needed it, assuming that they somehow got the cash themselves.
The following week, they cashed the check, and the bank did not see the stop payment. The money came out of my account, and when I called the bank they put the money back. I did not know if the bank 'ate' it, or recovered the money.
I recently recieved the payment from the recipient for payment in full. Therefore, I'm assuming the bank 'ate' the money to pay me back for their mistake.
Therefore, should I still be able to cash the check? It was not an intentional gain, so I'm thinking of cashing it.
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