Certified Check?
I mentioned several weeks ago on another thread that about 2 months ago I paid to settle a law suit. It was about $9800. I settled it and paid it via certified check in early June, but they didn't cash it until late July. I just saw it in my July bank statement. I plan on filing a ch13 in late Sept. Will the trustee look at the date it was in the bank or consider it paid in early June since it was a certified check. I probably should have used a banks check instead. I honestly wouldn't care if the trustee grabbed the money back from the idiots I paid, but I'd rather avoid this if possible. It would be a pref xfr if they based it on the July post date.
I also read that the courts consider the payment was made when the check was certified and not when it was cashed. A regular check obviously is considered paid when it's posted to the bank account.
Thanks in advance!
I also read that the courts consider the payment was made when the check was certified and not when it was cashed. A regular check obviously is considered paid when it's posted to the bank account.
Thanks in advance!
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