Editor's Blog6 mins ago
Cheques Return - STOP PAYMENT
i am a garment exporter from india, new delhi. i had exported garments a client to london. after my exports after six months of delivery i did not receive my payment. so i visited london and he issued me four cheque totalling to pound 25351.00 against my exports of around pound 41351.00 and balance was to be paid latter. but when i presented these cheques in india they returned un-paid bounced for reason stop payment. now what can i do?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Have you spoken to the company? What reasons did they give for non payment? Have they said there was a problem wit hwhat you supplied?
As they've stopped the cheques the it looks like they have no thought of paying you. For 41k I'd be on a flight to th UK and turn up at their offices and demand to know what's going on.
Having said that it was pretty naive to supply �41,000 worth of goods with no money up front and no payment schedule.
As they've stopped the cheques the it looks like they have no thought of paying you. For 41k I'd be on a flight to th UK and turn up at their offices and demand to know what's going on.
Having said that it was pretty naive to supply �41,000 worth of goods with no money up front and no payment schedule.
We once took a cheque for a thousand pounds as part payment on a car my husband was selling, it was bounced with the same reason, 'payment stopped'. We phoned, wrote and tried to call on the guy, but he always avoided us . When I went to the police they weren't in the least bit interested, even though, as I found out later, he has been done before for fraud, suggesting I see a solicitor instead. As that would have cost more in the long run we gave up. So much for bouncing a cheque being a criminal offence. Though Im sure if he'd done something more 'politically incorrect' the cops would have banged him up in no time!!
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