The Check That Bounced

[Zee09]

Last night I heard from an old shooting buddy. It's been years. He said he ran into another shooting buddy and was saying how he has aged.
Haven't we all.

I said he has the distinction of being the only person ever to have gotten a possibly bad check from me in 1984..

I bought something for him at a trade show. Later I quit writing checks on that account as the bank had no services and you could put money in but they never wanted to let you withdrawal any.
I didn't write checks on that account for 6 weeks and then closed it.

About another 6 weeks went by and the guy called me and told me my check was no good.
I told him I gave you that check 3 months ago and 6 weeks ago I closed the account.

I made good on it and was embarrassed by it but I think he was responsible too...

The mention of that incident gives me the cringe...

So my brutal friends, did I pass a bad check or not?

 

[SC Maintenance]

Personal checks are supposed to be good for 180 days by law. Given you made good on it I would let it slide personally - things happen. Technical foul at worst.

 

[hemioiler]

I rarely write cheques anymore but I have a separate account for those. Seconds after I sign it I used my banking app or go online to transfer the funds + fees to the chequing account; they can take as long as they need to cash it, the money is gone and that account is only used for cheques.

Wouldn't have helped you though since you closed it.

 

[Zee09]

I rarely write cheques anymore but I have a separate account for those. Seconds after I sign it I used my banking app or go online to transfer the funds + fees to the chequing account; they can take as long as they need to cash it, the money is gone and that account is only used for cheques.

Wouldn't have helped you though since you closed it.

And those options weren't around then. I don't write many checks anymore except for taxes and utilities.

 

[hrv]

And those options weren't around then. I don't write many checks anymore except for taxes and utilities.

I put everything on my credit card including taxes and utilities and property tax and pay off once they are posted... I do that for the airline miles I get...But I do carry a blank check in my wallet just in case...

 

[k1xv]

There is nothing as annoying as a person who does not cash a check you have written. I gave a $500 wedding gift by mail, and it was not cashed for three months. No thank you message either. Made me wonder if it ever got there.

 

[Zee09]

There is nothing as annoying as a person who does not cash a check you have written. I gave a $500 wedding gift by mail, and it was not cashed for three months. No thank you message either. Made me wonder if it ever got there.

Not thanking for gifts is the current trend. I never get thank-yous either...
In the old days you would get called out for that behavior.

 

[SC Maintenance]

I put everything on my credit card including taxes and utilities and property tax and pay off once they are posted... I do that for the airline miles I get...But I do carry a blank check in my wallet just in case...

None of my utilities will take a cc, except through 3rd party services that charge their own fee on top.

 

[walterjay]

In this case I think it was you who checked out.

 

[hrv]

None of my utilities will take a cc, except through 3rd party services that charge their own fee on top.

Thats to bad... Here you can...

 

[Zee09]

In this case I think it was you who checked out.

I'm about ready to give you a receipt..

 

[Zee09]

None of my utilities will take a cc, except through 3rd party services that charge their own fee on top.

Same here with MD taxes etc.. the fees are bad when you get up into the thousands

 

[joekingcorvette]

You didn't do anything wrong by closing the account and paying the agent after you determined the check didn't go through. I have been holding a $1000.00 check for my little brother for two months now and some day he will pick it up.

 

[ARCOgraphite]

The ledger showed a disbursement, but the account balance sheet did not reconcile that.

Bad on him for sitting on the check for well over a month. But that money should have been flagged.

Maybe a call "Hey buddy, cash that check". Or "Tear that check up, I will send you another."
Depending on my mood I could go either way on a personal a/c, but not on a business a/c.

I am not an accountant, but I used to balance my check book back before Y2K

-Arco

 

[Hall]

You should have made sure any/all checks you wrote cleared before closing it.

It was from 1984 though (I was still in high school !!) so I can't imagine why you even care....

 

[Zee09]

You should have made sure any/all checks you wrote cleared before closing it.

It was from 1984 though (I was still in high school !!) so I can't imagine why you even care....

Then I didn't check bank statements that much as I always had a bunch of money in my account.

Integrity means everything to me and I decided then this would never happen again.

A life lesson learned and forever recorded.
I'm weird that way.

 

[walterjay]

Then I didn't check bank statements that much as I always had a bunch of money in my account.

Integrity means everything to me and I decided then this would never happen again.

A life lesson learned and forever recorded.
I'm weird that way.

That is not weird. It is as it should be.

 

[pbm]

Not thanking for gifts is the current trend. I never get thank-yous either...
In the old days you would get called out for that behavior.

Agreed....many people take a lot for granted today.

 

[LDB]

Did you write a bad check? No. Did you fail to properly balance the account to the statement? Yes. That would have shown the check was still outstanding and you could have properly dealt with it before closing the account. The vast majority don't properly balance their checkbook(s) though.

 

[ArrestMeRedZ]

...The vast majority don't properly balance their checkbook(s) though.

I used to balance my checking accounts to the penny on a monthly basis. Haven't done that for over 15 years now, but I feel a little guilty about it. Does that count for anything?