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...
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...
Answered on 5/30/08, 3:12 pm