Q: I made a deposit to my business account from a brokerage account that I had and the checks bounced.
The checking account was from a previous brokerage account. The bank has given me 14 days to fix it but the account does not have enough funds to cover the checks. They are going to send a notice to the police department tomorrow. I have asked them to give me another week since I have funds coming in to cover it but they wont do it.
What do I do now. It was a stupid mistake
A: Do not get greedy. You are very lucky the bank is tolerating this situation for two full weeks. Stop asking questions here on Justia and start collecting the CASH you will need to prevent a knock on your door in the middle of the night.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.