sandman2234
Super Member
- Joined
- Dec 4, 2005
- Messages
- 5,885
- Location
- Jacksonville, Florida
- Tractor
- JD2555 and a few Allis Chalmers and now one Kubota
I have actually had a "cashier's check" stopped by a bank. It wasn't made out to me, made payable to an entity that I had some of their stuff, that got damaged by a neighbors dog. The neighbor wrote me a check, then had second thoughts. I beat them to the bank to get it exchanged for certified funds and they pulled some strings and got it stopped payment. The judge in small claims court ruled against me, so I paid for the items and dropped it. The neighbor didn't, and became a royal pain to live next door to. We finally moved, but in the end I won, because I rented the place out, which became a pain for them. It was great to be a slum lord!Require a cashier's check and call the bank to verify it is valid before you release the equipment.
The problem with a regular check is it can be good when you accept it but the buyer can stop payment on it later. If it's a cashier's check-- it is from the bank to you and the bank won't be stopping payment on it.
David from jax