Legal Question in Credit and Debt Law in Virginia

acceptance of a check as settlement

In Virginia is it true if I write ''negotiation of this check constitutes satisfaction of all debts owed'' on the memo line of a check that the debt will be satisfied?


Asked on 6/22/07, 5:52 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: acceptance of a check as settlement

No, that is no longer necessarily the case.

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Answered on 6/22/07, 9:17 pm


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