If you have a check that was given to you for payment, and you are disputing the amount, (it is not for the full amount that ...
Full Question:
If you have a check that was given to you for payment, and you are disputing the amount, (it is not for the full amount that is owed), but want to cash this check in the meantime, what can you write on the check that shows you are accepting it for the moment but you do not want to show that you are accepting it as payment in full.
08/20/2007 |
Category: Debts and Credit |
State: New York |
#8070
Answer:
If "paid in full" or similar language is written on the check, and the payee crosses-out a “paid in full” notation or adds “all rights reserved” and deposits the check, the debt is still discharged and the payee will be deemed to have accepted the tendered sum as payment in full in most jurisdictions.