Legal Question in Banking Law in New Jersey

payroll check cleared-do I have to pay back?

Sir, I recently deposited and

cleared 2 checks issued by a former

employer about 18 months back

from PA. They probably put those 2

checks on hold which expired. Now

its lawyer called me asking me to

return the money -$7500,

otherwise they threaten me that

the bank�s lawyers are going to

come after me if they report. I told

them I�ll look into the matter but

since I recently lost my job and the

fact they call me repeatedly

threatening me, make me think I

can keep the money. Pls advice.


Asked on 11/07/08, 6:08 pm

1 Answer from Attorneys
John Corbett Corbett Law Firm LLC

Re: payroll check cleared-do I have to pay back?

It's very unlikely that the bank's lawyers or the bank are remotely interested unless the check was counterfeit or if it wasn't made out to you. It sounds like an issue between you and the former employer. The key question is why they think that you are not entitled to the money?

See also: http://info.corbettlaw.net/lawguru.htm

Read more
Answered on 11/07/08, 9:40 pm


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