from someone you know and did this using your checking/savings account in a short period of time and the checks have insufficient funds or can the bank only close your account and make you pay what you owe them?? If this question was confusing please ask me what ever question and I will answer it YOUR advice is greatly appreaciated!!!
I am trying to fix this horrible stupid situation that I am in. I want to pay the bank for any funds they gave to me I am just wondering if they are going to have me arrested for personal checks someone else wrote me multiple times( in a week period )and I would deposit them and get cash from them at the time if the banker let me recieve the funds right away.
I know I shouldn't of accepted these checks from this person because now my bank is looking at me wrongly and wants to close my account and will not give me any access to any funds unless all the checks clear which I completely understand.
YOUR ADVICE IS MORE THAN YOU KNOW TO ME RIGHT NOW!!!
2007-11-21 16:08:01 · 4 answers · asked by question4668 1 in Business & Finance ➔ Personal Finance
Washington State
2007-11-21 16:20:59 · update #1
I don't believe they can make a case for "kiting" checks or fraud. I mean, they could try but it will be very hard. A couple of things would matter:
. How many total checks
. You would maintain (very strongly) that you didn't realize the checks were written against insufficient funds and your friend had simply made a mistake, i.e. he didn't realize either
The important things is to make a clean break of this. Admit you were stupid and should have handled the checks differently. Pay all the overdrafts and other charges immediately, preferrably get it all done in person.
If they want to close the account, let them... then just take your money and go open another account at another bank.
Don't discuss the matter with others... the quicker you get this past the better.
Bottom line, you were stupid, the amounts were not enormous and the number of checks were not enormous. It was an error, not a premeditated crime. In short, you're not worth it to them... the amount of work it would take to prove anything else isn't worth their time since you're not some professional criminal.
Of course, my opinion, but typically, large organizations just want to get back to square 1 rather than spend a lot of time on criminal and legal proceedings.
Hope that helps.
2007-11-21 16:20:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you could advise me the state this is happening in, I might be able top help!
OK, I could tell you that in Florida, banks attempt to work with you first unless you're a habitual worthless checks offender, in which they just go for the affadavit forms for charges...As I said though, banks will try many times to have you settle before they even consider legal action. So, as other people have also said, just go in person to the bank and work with them, you'll find them very receptive and cooperative.
2007-11-22 00:20:05 · answer #2 · answered by Ryan J 2 · 0⤊ 0⤋
No, you aren't in legal trouble and can't get arrested for depositing bad checks. You will have to pay back the money though.
2007-11-22 00:12:30 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
no but i hope you have learned something and will do it in the furture!!!!
2007-11-26 09:54:18 · answer #4 · answered by mister ed 7 · 0⤊ 0⤋