Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Teen pays in legal tender has to call cops
>
Reply to Thread
Message:
<p>[QUOTE="Conder101, post: 1496445, member: 66"]The law states no such thing. The law states that the currency is a legally recognized offer of settlement. It does not require that it be accepted, not does it indicate that if refused the debt is discharged. But since it IS a legally recognized attempt at settlement the creditor can not claim that the debtor has not tried to settle the debt and so no additional penalties may be applied. In this case if they refused the cents he can't get his car back, but they could not increase the fine for late payment or add court costs etc.</p><p><br /></p><p>Frankly the proper way to handle him would have been to take the cents, give him a receipt that stated he had given them cents of APPARENTLY the amount of the fine, and that "we will now give them to the bank who will send them out for counting and once the bank verifies the amount is correct we will release your car. This will take about a week."[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1496445, member: 66"]The law states no such thing. The law states that the currency is a legally recognized offer of settlement. It does not require that it be accepted, not does it indicate that if refused the debt is discharged. But since it IS a legally recognized attempt at settlement the creditor can not claim that the debtor has not tried to settle the debt and so no additional penalties may be applied. In this case if they refused the cents he can't get his car back, but they could not increase the fine for late payment or add court costs etc. Frankly the proper way to handle him would have been to take the cents, give him a receipt that stated he had given them cents of APPARENTLY the amount of the fine, and that "we will now give them to the bank who will send them out for counting and once the bank verifies the amount is correct we will release your car. This will take about a week."[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Teen pays in legal tender has to call cops
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...