» MORE: How to write a check “It’s kind of a tricky scenario,” says Matt Foster, founder of the rental property search site i Rent and a landlord in Ventura, California.
He receives checks from some renters on the 28th or 29th of the month that are dated for the first of the next month.
In states that make a distinction regarding a felony or misdemeanor, the amount of the check usually determines if the crime is a misdemeanor or a felony.
June 21, 2010 Stale check is a check that is presented to be cashed or deposited at a bank six months or more after the date it was written.
The date when the check is presented to be cashed or deposited in a bank account is known as the payment date.
Hintz says that only criminal intent, such as intentionally not having enough money for a payment, can be grounds for check fraud.
If you are concerned about overdrafting — and you’d rather not deal with a returned check and your landlord’s ire — consider switching to a bank with a solid overdraft policies.
Financial institutions now send digital pictures of checks to other financial institutions, so they can be cashed more quickly.
“In short,” says Mathew Dahlberg, a financial advisor at Main Street Investments in Kansas City, Missouri, “if you don’t have the money in your checking account, then don’t write the check!
All of these charge lower than average overdraft fees and offer free ways to avoid that fee while still paying your bills.
» MORE: How to cancel a check It’s risky to rely on postdating or processing delays to ensure your check clears.
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To do this, many or all of the products featured here are from our partners. So you date the check a few days in advance — also called postdating it — hoping your paycheck will clear by then. Here’s what you need to know about postdating and what you can do instead.
These checks are dated between August 1 and August 31, 2009 and the current date is May 15, 2010.