Legal Question in Credit and Debt Law in Texas

Payment in full

If a creditor cashes a check with ''payment in full''clearly printed on the face of the check along with ''offer valid for 15 days'' and the collection agency cashes it, is it considered settled?


Asked on 5/30/08, 3:00 pm

2 Answers from Attorneys

Donald McLeaish McLeaish&Associates;, P.C.

Re: Payment in full

An argument could be made that it does..but you could expect a denial and litigation...

Read more
Answered on 5/30/08, 3:12 pm
Donald McLeaish McLeaish&Associates;, P.C.

Re: Payment in full

An argument could be made that it does..but you could expect a denial and litigation...

Read more
Answered on 5/30/08, 3:12 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Texas