I read online somewhere...
Date: Thu, 06/04/2009 - 22:59
that postdated checks are not considered bad checks, is this true?
Depends on the state. You've got 50 different state laws on wha
Depends on the state. You've got 50 different state laws on what is considered a "bad check." In some states, a post-dated check is never a bad check. In others, it's only a bad check under certain circumstances (like closing the account after writing the check). In still more, post-dated checks used to secure payday loans are exempt from bad check laws. And in still others, a bad check is a bad check is a bad check.
Of course, being post-dated is NEVER enough in and of itself to make a check "bad." A check can't be bad until it is deposited and bounces.
