On May 07, 2011 I put a stop payment on a check that I wrote to a company who wronged me.
On July 18, 2012 the check was presented to Monroe Bank & Trust for deposit. The check was processed and accepted. My financial institution TCF Bank also allowed this check to clear.
I was told at the time of the stop payment that the stop payment stays in effect for 6 months and after that the check becomes “stale” and non-negotiable.
I was mislead, misinformed and basically lead to believe that my funds are protected.
WATCH MY YOUTUBE VIDEO Shame on TCF Bank and Monroe Bank & Trust