If I stop a check, does that mean the debt itself is over? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

If I stop a check, does that mean the debt itself is over?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

No.

Steps

  1. Stopping payment on a check—if applicable and legal in your case—pertains to the payment instrument, not to canceling the principal debt.

  2. If there is a dispute regarding the debt, address it separately and seek legal counsel if necessary.

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