Quote:
|
Originally Posted by Shoonra
So it's not a check and it's not a promissory note because it is conditional on an event that will never happen .... yet it also has a 120-day deadline.
Nobody should be surprised when the bank bounces this and the creditors want to see legal tender.
|
I found six court decisions that this document is (1) worthless and (2) not a payment of/for anything and (3) attempts to pass it might be prosecuted as a criminal act such as theft or fraud.
(1)
Becker v. Dept of Registration (1987) 159 Ill.App.3d 796, 111 Ill.Dec. 759, 513 N.E.2d 5.
(2)
State v. Hernandez (La.App. 1987) 503 So.2d 1181.
(3)
US v. Moser (5th Cir 1997) 123 F3d 813, cert. denied 522 US 1035.
(4)
Ford Motor Credit Co. v. All Ways Inc. (1996) 249 Neb 923, 546 NW2d 807, 29 UCC Rptg Serv.2d 869.
(5)
State v. Taylor (La.App. 1986) 495 So.2d 996, cert. denied 484 US 812.
and (6)
Cohn v. Tucson Electric Power Co. (1983) 138 Ariz 136, 673 P2d 334.
Also one unpublished case from Ohio: Bank One v. Sparks (Ohio App. 3/15/96).
Some people have nothing better to do that make trouble - especially for themselves.