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Tuesday, December 06, 2011

Bank Of America: A Stop-Payment Isn't A Guarantee We Won't Process The Check Anyway

There's a funny little thing about putting a "stop payment" order on a check that most banks don't tell you about until it's too late: They often only last six months and the only way to guarantee that check never gets deposited is to close the associated checking account. This is a lesson being learned the hard way by a Bank of America customer who saw her account drained of its last few dollars after an old landlord cashed a 16-month-old check.

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