bouncing cheque update

[catcuddler]

hi i recently posted a question about a bouncing cheque(returned cheque said account closed).i asked the person about it and they said their bank was sorting it out for them.how long should i wait before confronting them again and/or seeking legal advice?
p.s. they said the bank was gonna start sorting things out on monday (yesterday)
TIA

[rugeleyboy]

confront them straight away and dont let them take the mickey out of you.

is it a business or personal cheque?

Have you asked for the cash instead and also , if the account had been closed before they signed and dated the cheque then i would presume they have gained goods through deception?

[catcuddler]

its money i lent a friend.the cheque is from their business account.i havent asked for cash yet but i have told them the circumstances of the cheque bouncing.would their bank be able to do anything?

[Panic Button]

This story could run longer than an eastenders thread.

[catcuddler]

not very helpful panic button

[rugeleyboy]

its not the banks problem, if this person cant honour a cheque then i'm afraid you have to go in hard ball or just accept this person has taken your friendship beyond the line?

[catcuddler]

i know its not the bank prob but i think he means re opening his account etc
any more advice?

[CheekyChops]

Why would the Bank close and then reopen his account? If it has been closed in error, it shouldn't take the Bank long to get it reopen.

You need to ask this person when his account will be open again and then represent the cheque or better still, ask for a new one which doesn't have 'Account Closed' written on it. Don't let him take the mick any longer!!

[rugeleyboy]

why dont you just go and ask this person for a no bull straight answer?

i find it very unlikely that the bank has closed his account in error?

[HJT40]

From experience I can tell you that if a cheque is not honoured you can sue the person through the courts, depending on how much it is, to which court - see a county court website. By giving you the cheque they are admitting that they owe you the money. If an individual provides a cheque that is not honoured this is fraudulent. Obviously you do not know whether this person is telling the truth, in any event it would not be hard to pay you in cash if they honestly have the money to pay you. Keep a copy of the cheque and tell the person that if they do not pay in full within 7 days you will issue proceedings in court. This should be done in writing and always keep a copy of any correspondence. If the amount can be claimed in a small claims court you can deal with this yourself at very little cost and also claim interest on the money owed, if you want to.

Obviously this would mean that this person may not talk to you again socially!!

[catcuddler]

thanx HJT40.i will go and c him and say if i dont get any joy within a week i will start court proceedings.i find it hard 2 confront someone as i am not very confident but i realise now i was good enough to lend the money and have waited quite a number of weeks so i havent been unreasonable so i have every right to insist on payment.much easier to type than do sadly
any other advice appreciated

[catcuddler]

i have spoken to my friend and its being sorted so they said but i will wait no longer than friday then start getting stroppy

[Ice.Maiden]

Just a solicitor's letter sometimes does the trick, cat. Then you wouldn't have to confront this person.

[catcuddler]

of course oh you know.
i dont really wanna go 2 a solicitor unless i have to

[catcuddler]

sorry oh know i got your name wrong

[catcuddler]

basically whats my best plan of action every1?