Legal Question in Banking Law in Georgia

if you write settlement on a payment check to a credit card company, and they cash the check, does that mean the account is legally settled?


Asked on 4/22/10, 6:17 pm

2 Answers from Attorneys
Scott Riddle Law Office of Scott B. Riddle, LLC

Not unless the check is enough to pay the account in full. It should be common sense that this does not work or many people would try it.

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Answered on 4/27/10, 6:26 pm
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

No. Read your credit card agreement. It specifically tells you that you cannot do this.

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Answered on 4/27/10, 6:45 pm


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