Stop Payment Form

Instructions and help about Stop Payment Form

new tonight if you stop payment on a check you might think that there's no way anyone can cash it but CBS 2 has learned that's not always the case and it could end up costing you big tonight we uncover the stop payment problem when Carla Evans put a stop payment on this check for eight hundred forty nine dollars she assumed it could never ever be cashed the check will be no good for the rest of my life but three years later that eight hundred forty nine dollars disappeared without warning from her checking account we were totally shot shots because the stop payment order had actually expired allowing the check to be cashed we thought this was good forever Evans is not alone in her canceled check confusion they stopped the check the check should be stopped it should be no more transactions on a check but financial experts say that's no longer the case now banks are actually requiring you to renew that stop payment every six months the reason experts say banks don't want the responsibil