Sounds like a bunch of you better call your bank and ask some questions.
The only check that can NOT have a stopped payment placed against it and that is a federal bank draft. Not all banks can issue a Federal bank draft so call ahead.
A certified or cashiers check can have the amount stopped payment for 5% of the face value.
So I could pay you with a certified/cashiers check then stop by the bank and put a stop payment on the check before you could cash the check.
Personal/business checks are worse than that and cheaper too get a stop payment on.
You have to think like a thief to catch one as my banker told me one time.
I just got ripped on Gunbroker for a revolver I just bought. It was missing some parts plus got banged around in the shipping case. The seller didn't want to make it right so I lost several hundred dollars on the deal. That's my fault for sending a USPS money order. Never again.
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Today's Featured Article - The Revival of a John Deere Combine - by The Red, John Fritz. For several years I had been driving by a farm house on the west side of Indianapolis that had a John Deere combine parked in high weeds in a lot behind the house. The gentleman no longer farmed because the entire area was developed with housing and light industry. I had stopped several times and knocked on the door but no one would answer. My curiosity was up and I wanted to contact the owner. I wanted to see what he planned to do with the combine.
... [Read Article]
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