But if bank cashed it?

Question

If the bank cashed the check then I wouldn't be liable would I? I have all the paper work that was sent to me.

Answer 1

Yes, you ARE liable if the bank cashed it. Your bank is not going to swallow this loss because you presented a check which was not valid. Assuming they know your identity, you can expect to hear from them with a demand for repayment as soon as this fraudulent/invalid check is returned to them.

Your paperwork is of no concern to the bank. All they will be concerned with is that the check was invalid. Your paperwork is only of use to YOU, in the event that you desire to seek legal redress against the person who issued you the check.

If you have accounts at this bank, they will extract the repayment required from one or more of these accounts, if their agreement allows them to do so. If you are thinking of closing these accounts, don't bother, since the bank will engage in legal action against you to recover its loss.

Answer 2

Don't take the stance that the bank is liable because they were stupid enough to cash the check. You are the person the bank will come for when the check goes bad. You were the person they gave the money to. They can take you to court. Expect it if the amount of money is large. At the very least, they will turn you over to a collection agency. The law will be on the bank's side. Don't expect them to just turn over and take the loss on the check.

Answer 3

yes thay can cash the check - but some banks may require you to show proof of ID, and you may have to pay a small fee unless you have a account at that bank. Another idea would be to have a friend that has an account somewhere come along when you cash the check and just sign the check over to them and have them cash the check at there bank for you. Good Luck!

Answer 4

I assume you are talking about your earlier question about cashing a check, then sending the money to someone else.

If the check is no good, the bank will come back to you for the money. You are liable.