I own a cleaning business an got paid by a cashier's check an my bank cashed it then the cashier's check ended up being fake can the person that paid me be responsible for paying back the funds
You endorsed to your bank and by doing so guaranteed its payment. That is what endorsement carries with it. So when it bounces, you first have to pay back your bank and thereafter you can take the phony check and pursue the person who gave the fake check to you. Good luck on collecting that!!!!! it will likely be very difficult. Do, understand your bank looks to only you.
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