What Happens When a Bank Customer Bounces a Check?

Answer A "bounced" check occurs when you write a check amount that is more than the available balance in your checking or savings account. You might bounce a check by accident if you do not monitor your d... Read More »

Top Q&A For: What Happens When a Bank Customer Bounces a Check

What happens when a check you have cashed bounces?

If you've deposited a customer's bad check into your account, the results can become uncomfortable for both parties. The options available to secure payment may come as a surprise.TypesChecks can b... Read More »

What happens if the check bounces from tax returns?

On One Hand: Penalty for Bounced CheckIf you write a check to the Internal Revenue Service to pay your taxes and the check bounces, the IRS can impose a penalty. The penalty is normally 2 percent o... Read More »

What happens when the bank forecloses?

Foreclosure is the process where a lender terminates the homeowner's right to a mortgaged home due to non payment of debt. After foreclosure the lender becomes the property owner. The process start... Read More »

What happens when a bank forecloses a home?

The foreclosure process can vary slightly from one state to another. However, the overall process for a foreclosure from a lender remains the same. When a bank forecloses on a home it is a very ser... Read More »