My paycheck bounced.

[Plecostomus]

Took a vacation day decided to cash my check and go shopping.

Bank informs me that my payroll check cannot be cashed because the issuer (Day Job) has no funds to cover it.

...needless to say I am VERY ANGRY.

 

[JonathonWally]

Isn't that illegal?

 

[JiNX-01]

Took a vacation day decided to cash my check and go shopping.

Bank informs me that my payroll check cannot be cashed because the issuer (Day Job) has no funds to cover it.

...needless to say I am VERY ANGRY.

Uh, I would be VERY WORRIED.

 

[Trekker4747]

Took a vacation day decided to cash my check and go shopping.

Bank informs me that my payroll check cannot be cashed because the issuer (Day Job) has no funds to cover it.

...needless to say I am VERY ANGRY.

Let me guess. You work for the Federal Government?

Boom!

Thank you! I'll be here all night, please tip your server!

 

[Mallory]

Isn't that illegal?

Not if the company is going under and genuinely didn't have the funds. I've had this happen to met twice and both times the company filed for bankruptcy within the next 24 hours.

 

[John Picard]

Isn't that illegal?

Not if the company is going under and genuinely didn't have the funds. I've had this happen to met twice and both times the company filed for bankruptcy within the next 24 hours.

Exactly. How can it be illegal? Worst case is the payee is screwed out of a paycheck. Even worse is that the company goes under.

 

[Plecostomus]

Isn't that illegal?

Just a little bit.

Took a vacation day decided to cash my check and go shopping.

Bank informs me that my payroll check cannot be cashed because the issuer (Day Job) has no funds to cover it.

...needless to say I am VERY ANGRY.

Uh, I would be VERY WORRIED.

Worry gets you nowhere. Blind unthinking rage... that's the key to solving the world's problems.

Took a vacation day decided to cash my check and go shopping.

Bank informs me that my payroll check cannot be cashed because the issuer (Day Job) has no funds to cover it.

...needless to say I am VERY ANGRY.

Let me guess. You work for the Federal Government?

Boom!

Thank you! I'll be here all night, please tip your server!

*tips Trekker right off the edge of the cliff*

Isn't that illegal?

Not if the company is going under and genuinely didn't have the funds. I've had this happen to met twice and both times the company filed for bankruptcy within the next 24 hours.

Well after several phone calls just MY check bounced because they put a hold on my funds because they want to discuss a payroll adjustment... seems they are paying me TOO MUCH and want some of it back. Problem is... written contract.

Isn't that illegal?

Not if the company is going under and genuinely didn't have the funds. I've had this happen to met twice and both times the company filed for bankruptcy within the next 24 hours.

Exactly. How can it be illegal? Worst case is the payee is screwed out of a paycheck. Even worse is that the company goes under.

Fuck them, I want my money. Pleco don't work for free.

 

[Turd Ferguson]

I work for a restaurant that is notorious for bouncing payroll checks. Every two weeks there is always some sort of issue with maybe the first twenty people being able to cash theirs and everybody else is fucked. So, the remaining people have to go to either Rent-A-Center and cash them or some cash advance place, because this company has such a bad reputation for bouncing payroll checks that only one bank in town will do business with them.

People finally got fed up with them and went to the county attorney to see if there was anything he could do. Apparently the company has seven days for sufficient funds to enter the account. Anything after seven days after payday, then they can start an investigation. The labor board said they can't do anything about it All the while, people are struggling to put food on the table while the owner is busy being out of town in Europe somewhere, pissing aways tens of thousands of dollars.

The thing that kills me, I could write a check, have almost enough in my account to cover it, it bounces, and I can get arrested for writing cold checks. A fucking part owner can bounce upwards of eighty payroll checks and he doesn't even get a stern lecturing. That's pretty fucked up.

 

[John Picard]

I work for a restaurant that is notorious for bouncing payroll checks. Every two weeks there is always some sort of issue with maybe the first twenty people being able to cash theirs and everybody else is fucked. So, the remaining people have to go to either Rent-A-Center and cash them or some cash advance place, because this company has such a bad reputation for bouncing payroll checks that only one bank in town will do business with them.

People finally got fed up with them and went to the county attorney to see if there was anything he could do. Apparently the company has seven days for sufficient funds to enter the account. Anything after seven days after payday, then they can start an investigation. The labor board said they can't do anything about it All the while, people are struggling to put food on the table while the owner is busy being out of town in Europe somewhere, pissing aways tens of thousands of dollars.

The thing that kills me, I could write a check, have almost enough in my account to cover it, it bounces, and I can get arrested for writing cold checks. A fucking part owner can bounce upwards of eighty payroll checks and he doesn't even get a stern lecturing. That's pretty fucked up.

Word to the wise in situations like this: A) get a different job, or B) start socking a little away each payday to cover any gaps. It's always smart to have some savings and not live paycheck to paycheck.

 

[USS Triumphant]

Hey, chief - you gonna faceplant 'em?

 

[SeerSGB]

Best of luck kicking their asses man. I've been screwed over like they're trying to do you (the whole over paid, so you owe us bullshit), don't let the fuckers weasel out of what they owe.

 

[OptimusPete]

Wait.....you mean you don't get paid straight into your bank account?

 

[Trekker4747]

Wait.....you mean you don't get paid straight into your bank account?

One of the things I was thinking. Direct Deposit is the way to go, at the very least it may have assured you were one of the first ones to be paid.

 

[John Picard]

Wait.....you mean you don't get paid straight into your bank account?

One of the things I was thinking. Direct Deposit is the way to go, at the very least it may have assured you were one of the first ones to be paid.

Not every business can afford Direct Deposit. Economies of scale, people

 

[RoJoHen]

Direct Deposit costs extra? I didn't realize that.

 

[Mr. Laser Beam]

Wait.....you mean you don't get paid straight into your bank account?

One of the things I was thinking. Direct Deposit is the way to go, at the very least it may have assured you were one of the first ones to be paid.

Word. I've always had direct deposit from day one. I would be very upset if I couldn't.

 

[SeerSGB]

Plus even direct depost wouldn't stop this. They can put a freeze/hold on a direct deposit transaction if your bank using post-pending (where stuff is there and isn't there) style transactions.

For example: Our bank uses post-pending for direct deposits. The money "is there" and I can spend it, but if it finalizes for an amount less than the post-pending amount (which we have had happen) it could cause me to go overdraft cause the money "isn't there".

 

[John Picard]

Direct Deposit costs extra? I didn't realize that.

Did you know that using your Debit Card costs the business as well? 1-2% of the transaction price for the convenience of not using cash.

 

[Finn]

^Yeah, One of my old banks told me to select Credit on the screen to avoid that.

 

[Mallory]

Direct Deposit costs extra? I didn't realize that.

If you have 25 employees who use 20 different banks, the employer has to have someone make sure that the right pay goes to the right accounts. Just printing a bunch of paper checks and handing them out avoids having to pay someone to make sure all the electronic routing is correct.