Ask Experts Questions for FREE Help !
Ask
    svranjini's Avatar
    svranjini Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 22, 2011, 07:37 PM
    Check bounced
    Hi,

    I issued a check for paying the property tax to the government. But after a week only they processed it, when I had low balance in my account. The check got bounced now. What will happen? And what I need to do now?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #2

    Mar 22, 2011, 07:45 PM

    Ok, does not matter if they cashed it that day, you are suppose to balance your check book and not write a check if there is not that much money in the bank, and then you don't spend money that is not in the bank.

    But your taxes are not paid, so you will need to contact them, make arrangements to go in ( most likely they will want money order or cash this time) to cover the check and the fees for a bad check. ( will vary most likely 30 to 50 dollars additoinal) Plus of course the fees at the bank for bad check.

    If you are having trouble knowing how to balance your check book and doing a budget, often there are programs at local non profits to help
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Bounced Check [ 1 Answers ]

I wrote a check to a company and it bounced. They said they can have me arrested. The check was for $100. I live in Georgia, can they do this?

Check bounced [ 1 Answers ]

I received a check for being a mystery shopper and I put it in the bank I took money out that week when I went to get more out that weekend my account was frozen they said that the check had bounced and that I was in the negitave 1,400.00 and now they say that if I do not pay this money by Monday...

Bounced check [ 5 Answers ]

This is amazing BUT - my husband bought a car two weeks before he passed away. Somehow when the NYS sales tax was figured the dealership overcharged him by $5.57 cents. I knew nothing about it until I received a check from the manufacturer in that amount, payable to my husband. I held the check...

Bounced Check [ 3 Answers ]

Hey, I just got off the phone with a pseudo-friend because she called crying that she has a warrant out for her arrest. The reason is that she bounced a $102 check at k-mart and after they notified her and she still hadn't paid turned it over to their local lawyer and she had until yesterday to...

Bounced Check [ 15 Answers ]

Hi, Someone that I knew had a check sent to me to pay some bills, the check was from a loan company and I had to deposit the check for 7 days to wait for it to clear. Well after the seven days I returned back to the bank to withdraw the money. The bank cash the check and gave me the money,...

View more questions Search