If I cash a check that has a stop payment on it what will happen?
Asked Aug 12, 2008, 07:41 AM
I put a stop payment on a Sprint rebate check only to find it 5 minutes later. It couldn't be removed. If I cash it at a party store what will happen? I know it will be about a day before the store deposits it. Then another few days before they find out the check has bounced. Will it just register as a bounced check to the store's bank? Or will it set off some alarms because of the stop payment that was put on it?
It's a $100 rebate check from Sprint.