Legal Question in Civil Litigation in Texas
Cashing a check stating paid in full
If someone excepts check w/ it stating in memo part paid in full or a receipt stating in paid in full does that end all other obligations?
Asked on 5/08/07, 9:47 pm
1 Answer from Attorneys
Bobby Warren
Patel & Warren, PLLC
Re: Cashing a check stating paid in full
Not necessarily. The only way the scenario your described would result in satisfaction of the debt would be if there were a bone fide ("good faith") dispute regarding some material aspect of the debt.
In addition, there may be other requirements, especially if you're referring to a credit card debt. Credit card companies often require that the check be sent to a specific address, which is often different from the address to which you would normally send your payment.
Answered on 5/08/07, 10:17 pm
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