Query by Amber: What will occur legally if you do not spend back funds to a currency exchange?
I cashed a check at a currency exchange for $ 400.00 and a week later on they known as and advised me the examine didnt go thru and I now owe the $ 400 back to them. I strategy on paying out them back every time I come up with the cash but now I have received a letter saying if its not paid inside ten days they will initiate legal actions to force payment. What precisely does that imply??
Reply by CoreyBryant
It indicates you have 10 days to pay out them
If you cannot spend them, phone them and inquire for an extension. And give them your email / fax asking them to send you an additional agreement. Or request them if they will mail it.
Will not consider their word for it – an oral agreement are not able to amend a written agreement.
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