Does anybody know if it's legel to write a release of liability on the back of a check? So if the check was signed to be cashed then that means you are also agreeing to release liability. Or is this some sorta trickery??
2007-11-28 04:54:27 · 5 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
Yes legal. Read before you sign. If you do not agree, do not cash or deposit.
2007-11-28 04:58:47 · answer #1 · answered by davidmi711 7 · 0⤊ 0⤋
It's legal and common practice. You'll see it often on checks from insurance companies. Whether or not it's trickery is more of a moral question. The issuer is banking on the idea that people are eager to cash the check and get the cash in their hot little hands. It usually works out quite well for the company, and they have a nice, tight case.
2007-11-28 05:01:27 · answer #2 · answered by Jack 5 · 0⤊ 0⤋
WOW! I hope "MSAD" is never an adjuster for me. Nobody in ANY line of work should ever request or be requested to sign a blank document. I don't care how difficult you may be or how paranoid Farmers may be, asking you to sign any blank document, let alone a Statement Of Fact, is unethical and could even get them in trouble with the state. I am also amazed that someone like "MSAD" (maybe this is why she "em sad"?) would work in insurance and have no idea what a "statement of fact" is!!!! A "statement of fact" is essentially you swearing that everything printed on that page is a fact. If you sign a statement of fact and they can prove you were aware something written in it was untrue then you can face crimminal charges. Kinda like being dishonest in a statement to police or under oath in court. If farmers really is asking you to sign a blank statement of fact then later they could easily fill it in saying you don't know who was at fault for accident, or that you were partially at fault, or that you are willing to accept less for your claim or just about anything you can imagine. This one single request by Farmers to have you sign a blank statement of fact is the lowest, scummiest, most unethical and dirtiest thing I have ever heard of an insurance company doing. Along with that, it is very possible they are violating state law or ethical guidelines set by the governing board. You should at least report that request by them to the state regulatory agency. It may not help you in any way, but it could help prevent them from ripping others off and every report on scumbag businesses like this adds up. Good luck and thanks for the heads up on Farmers. I won't be getting any quotes from them again for anything.
2016-05-26 05:32:54 · answer #3 · answered by ? 3 · 0⤊ 0⤋
You need not sign your check if you deposit it into a bank machine to your account. That will solve the dilemma of the liability release.
The question itself however I am unable to answer.
2007-11-28 05:01:42 · answer #4 · answered by Form F 4 · 0⤊ 2⤋
keep the check and take the person to court. this is the only way you can get your money and still not sign the release. goodluck.
2007-11-28 05:04:35 · answer #5 · answered by deedee 4 · 0⤊ 1⤋