My friend wants to cash a check I gave her last year!?

Question

I gave my friend a check for $100 to pay for an event ticket last March. Well, she lost it and never cashed it, but didn't tell me until today. I can't afford $100 right now! I recently moved and started a new job and I'm totally broke. Does she have the right to cash it?

In the past year, I graduated from college, moved halfway across the country on my own and started a new job. So don't tell me to make a f-ing spreadsheet.

People in my age group?? What does that mean? You have no idea how old she is.

Answer 1

Your friend can't cash it a new law went into affect after 3 months it is VOID!

Answer 2

It depends upon the current laws where you are whether or not she has the right to cash it.

If you pay attention to your checking account, you would generally notice this kind of thing, and have been able to bring it up to her. It is pretty comon for people in your age group not to, however. This is most easily rectified with the assistance of your bank- who can print out all transactions over a certain time period, so that you can update your records, and avoid any other surprises which might be lurking.

However, it is very bad form to cash a check that has been lying around for that long. She really shouldn't even consider it. If she lost it, she really should have mentioned that sooner, so that you could inform your bank that it had been lost. What if someone else had found it, and managed to cash it?

A promise is a promise, and you do owe her the money, but you should work out a new solution between the two of you- one which does not involve the old check. She should be understanding of your current situation as well. If she waited for a year, she can wait a few more weeks.

Answer 3

Checks are only good for 30-90 days if you have closed that account then she certainly wont be able to cash it. She also has to understand your situation too and if she's a true friend she will. Tell her to keep the old check as a promisary note and you will pay her back when you can afford it.
If she lost the check a year ago it must not have been important enough to keep track of her own finaces

Answer 4

Unfortunately, yes she has the right, But sense it has been so long and she lost it in the first place you should negotiate payment at a later date. When banks issue checks many times they are VOID after 90 days. Discuss this situation with her, as well as you present situation. Never pay her in a check again, give her cash, by the way if you paid her in cash would she have lost that???

Answer 5

Spreadsheet...that made me no sense. I agree, that was an off the wall comment. Any way, if she is your true friend, just ask her if she can hold off and you will let her know when you can pay her back because of circumstances at the time being. I had kind of a similiar situation, but I was under the impression that my friend already cashed it. She also waited a year to cash it. Apparently, it bounced in her account because she waited too long to cash it. In reality, you still owe her the money regardless, but I'm sure she will let you hold off until you catch up because of all the transitions going in your life.

Answer 6

Of course she has the right to cash it. A check is your promise to pay another person money, and grants them the right to have that money transferred out of your account. Legally and ethically, she has every right.
It sucks that you can't afford it right now, and that she waited all this time, but at least she did you the courtesy of checking with you to verify that you had the funds to cover your promise.

Unless you want to go back on your word... to a friend, no less... you should find a way to get the money into your checking account asap. Or, since you are friends, explain your financial difficulties to her, and ask if she can wait another month or two before cashing the check (since she's already waited this long).

Answer 7

If she was a real friend she would be totally understanding of the situation you are in. Trust me I know exactly what you are going through and she should know getting settled is hard enough without her trying to get money from you. I'm not saying that you dont' owe her the money, but she should have to wait. It's not your fault she lost the check, so if she isn't a real friend and complains about it, tell her to bugger off, there is nothing she can do checks expire after 120 days.

Answer 8

If you went to the event you owe her the money. You should have noticed that the check hadn't been cashed when you balance your checkbook. I do believe that a personal check is only good for 90 days.

Answer 9

The check is stale dated, so she won't have any luck cashing it. However you do still owe her the money, so make new arrangements to pay her. If she's waited this long, she can wait a bit longer!

But make sure you pay her off otherwise we'll be seing you on Judge Judy!

Answer 10

There is a very good chance that the cheque is stale (meaning not cashable after a certain period of time).

You could offer to pay a little at a time. Make sure you do this.

You owe her the money, don't put the onus on her for what her "rights" are. It is her right to get the money back from you.

Pay the lady.

Answer 11

Technically you ought to document the completed volume as self employment income. she will manage to in reality deduct the quantity that became for cases the position the youngster care allowed her to artwork. it would not count number number if its an familiar finished time activity or a supplemental area time evening activity, see you later because the youngster care became needed so the parent could artwork, then its deductible. she will manage to't deduct the fee for days on which she went out with friends or only stayed living house for some peace and quiet.