Legal Question in Credit and Debt Law in Indiana
settlement payment
if I send a final check to a creditor and write full and final payment in the memo line is it true that if they cash the check. That they have to accept the amount as the final payment.
Asked on 3/23/07, 6:09 pm
1 Answer from Attorneys
Samuel Hasler
Samuel Hasler
Re: settlement payment
Only if it is payment in full.
Answered on 3/23/07, 8:17 pm