help please my checking acount is -600?

Question

I'm going to call the bank in the morning can I close the acount and make payment I just don't know what to do a check just keep going throw

Answer 1

They won't close the account until you pay them what you owe.
I don't know where you're at, but here you get aq certified letter in the mail from the places you wrote the checks to that says you have ten days to pay....after that a bench warrant could be put out on you.
.....Say, a year later, if you didn't pay it within those 10days (whether you signfor a certtified letter or not) you could get pulled over for speeding and be arrested, even though you may have paid that check already.
Depending on if you pay it or when it could be a felony or misdemeanor, that's up to a judge.

Don't, under any circumstances....write any more checks on this account!
They just snowball, meaning that even though you're checking is -$600.....you probably owe more.....
A rough guesstimate.....A $30 charge from the bank for each check plus what it was wrote out for. Then for each check that went back to where it was wrote....another $30 ($25 if you're lucky) charge from them.....
Basically a check can be run through twice.......
so if you write a $20 check and it bounces......you owe the $20, $30 to the bank for the 1st time it's submitted, $30 to who it was wrote out to, $30 for the 2nd time it's submitted.....
so you're paying $110 for a $20 check. Plus if you're arrested later, figure bail money and court costs.
Pay this as soon as possible!
Don't use this account for any reason!
(except to pay them what you owe)

You may have got lucky and got a bank that paid alot of the checks the first time around so they weren't sent back.

your best bet is to pay the ones that got returned to where you wrote them first,(and the fees)
take care of the bank as soon as you can.
If you try to cash a check and owe the bank money, they'll take your whole check.....try to cash it elsewhere and pay them cash or you'll have no money whatsoever.

Good luck, hope this helps, been there, done that,got a speeding ticket and arrested for that a year later.....didn't realize there was a warrant out......already had paid the checks and fees but went past that 10 day warning.
Not every place does that, but some do

Best advice I can give you?
Stop using the account,talk to the bank, don't avoid them.
Burn your checks for that account.
Pay every check and fee that's bounced.
pay the bank.
it can go on your credit if you wait too long, also, as an outstanding debt.

If it's a new account......even though you put a check in the account, they put a 7 day hold on it and if you write a check on that money while it's on hold,it still bounces your account.

This happens to alot of people, you're not the first and wont be the last, just try to not let it happen again.
It's an expensive lesson to learn and you get nothing from it but grief and debt.

Answer 2

How did this get so bad?
Did you actually write all of these checks?
If you are -600 now, it is going to get worse when all of these people that you 'paid' want their money.
The bank actually did you a favor by honoring a few of the checks so now at least you only have to pay the bank their fees.
If you can, try to keep the account open and pay it. If you close it, there is not much chance you will be able to get an account any place else until it is paid off anyway so you might as well deal with the mess now.
If you can go to the bank (instead of calling) and tell them what happen, there is a good chance that they may be able to waive some of the fees if you have not done this in the past! At this point, you have nothing to loose.
Also be sure to write down what checks you used so that this does not happen again.
You also might want to go strickly debit since the debit card will simply deny the purchase or payment if the money is not in the account.
SOrry to hear this happened to you. It has happened to most working people once or twice. I doubt that this will ever happen to you again so hang in there.
GOOD LUCK!

Answer 3

they probably already closed the acct...they just want all the checks to go THROUGH.....
I'm sure the police will be contacting you for writing bad checks...in some states over a certain amt. is a felony...

Answer 4

I am sure they have your account on hold by now. Give them a call ASAP and get things straightened out.

Answer 5

NICE advice,,,