Legal Question in Real Estate Law in California

payment refused by credito

my husband has been off work for 4 weeks without any pay and pruior to his being off he was only able to work 2 or 3 days a week. i get ssr and we were alwys late with prior payments our morgage is due on the 1st i sent a check fot the months payment and the creditor sent the payment back because it was not in tne form of a casheier check or money order or quick collect now the want the last month and the next two months payment in full can was it legal for the creditor to refuse payment


Asked on 3/19/02, 2:32 pm

1 Answer from Attorneys
Victor Hobbs Victor E. Hobbs

Re: payment refused by credito

Unless your contract/mortgage/trust deed provides for payments in certified funds at the option of the creditor. They are not supposed to refuse a personal check. You'll have to read your paper work to see what options they have.

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Answered on 3/19/02, 6:22 pm


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