So I just gave up $7k

[waggy]

Originally posted by: Eli

Originally posted by: nerp
You did right. They could have figured out the error later and legally demanded the money. People assume that if it's in your name you're all set and you can cover your ears when the phone starts ringing. They're wrong.

They can demand the money back all they want.

To get any action they would have to take you to court - and win.

A check made out to my name is the same thing as an envelope full of cash.

Edit: I'm not saying this is the right thing to do, I'm just saying I don't think they have much of a leg to stand on legally.

I wonder how easy it would be to win in court? People make mistakes all the time. I think this would result in the person in charge of the project getting fired, nothing more.

they would win and win pretty easy. since the check was for overpayment of the last 5 years tax's. thats all they would have to show. wich they already have the paperwork.

they then would get a judement for the amount +% i would assume.


just because the check is in your name does not make it yours.

 

[rudder]

Originally posted by: ricochet

Originally posted by: andylawcc
dude, one way or the other, they will find a way to get their money back after they figure out the mistake.

it's like when bank accidentally deposit some amount to your account, after they sorted out the error, the money you once "had" will be gone.

This. There's no way the mistake will go unnoticed. It's $7k, not $7.

If the previous owner had no clue that the money was missing then it would have went unnoticed. The lawyer had to write a check for $7000. He wrote a check for $7000. The one who was supposed to received it was not expecting it so he would have never called asking where the $7000 was.

I would have cashed it, invested it, and lived off the interest. That way if someone ever asked for the $7000, I could say oops here you go.

 

[Lonyo]

Originally posted by: andylawcc
dude, one way or the other, they will find a way to get their money back after they figure out the mistake.

it's like when bank accidentally deposit some amount to your account, after they sorted out the error, the money you once "had" will be gone.

Not always. I got £100 (almost $200) too much put in my bank account and they never took it back.
This was probably 18 months ago now.

 

[Aharami]

i could use $7K right about now...

 

[waggy]

Originally posted by: Aharami
i could use $7K right about now...

I don't know ANYONE that could not use 6k now..

 

[SunnyD]

Originally posted by: rudder

Originally posted by: ricochet

Originally posted by: andylawcc
dude, one way or the other, they will find a way to get their money back after they figure out the mistake.

it's like when bank accidentally deposit some amount to your account, after they sorted out the error, the money you once "had" will be gone.

This. There's no way the mistake will go unnoticed. It's $7k, not $7.

If the previous owner had no clue that the money was missing then it would have went unnoticed. The lawyer had to write a check for $7000. He wrote a check for $7000. The one who was supposed to received it was not expecting it so he would have never called asking where the $7000 was.

I would have cashed it, invested it, and lived off the interest. That way if someone ever asked for the $7000, I could say oops here you go.

Interest on $7000 is about $175 a year these days. Hardly anything to "live" on.

 

[andy04]

Originally posted by: mAdMaLuDaWg

Originally posted by: aesthetics
Would you like an award? A trophy? Perhaps, a plaque?

Yes please.

Heres your ATOT of the month award from me -

 

[dman]

Originally posted by: mAdMaLuDaWg
Neither the lawyer or the previous owner knew what had happened. I could have easily pocketed $7k... but my damn conscience wouldn't let me :|

You did the right thing. Even if you could get passed the conscience and ethics and all that, and have no fear of Karma, it's possible that eventually someone would have found out and come back to you for the money (turned it into a big deal). Of course, you could have deposited it and let it earn interest in the interim, but, again, more hassle than it's worth.

 

[ajayjuneja]

Good Karmic move! You'll be rewarded in time....

 

[Regs]

Originally posted by: Kadarin
You did the right thing, even though it hurts just a little bit.

Yes, you did the right thing. Money is everywhere and there are many legitimate ways to earn it.

Money, without cause, is just another paper note.

 

[HomerJS]

Originally posted by: mAdMaLuDaWg

Originally posted by: aesthetics
Would you like an award? A trophy? Perhaps, a plaque?

Yes please.

 

[Regs]

Originally posted by: HomerJS

Originally posted by: mAdMaLuDaWg

Originally posted by: aesthetics
Would you like an award? A trophy? Perhaps, a plaque?

Yes please.

So you two would let go of 7K and won't have any dilemma dealing with it afterwards?

 

[OdiN]

Originally posted by: rudder

Originally posted by: ricochet

Originally posted by: andylawcc
dude, one way or the other, they will find a way to get their money back after they figure out the mistake.

it's like when bank accidentally deposit some amount to your account, after they sorted out the error, the money you once "had" will be gone.

This. There's no way the mistake will go unnoticed. It's $7k, not $7.

If the previous owner had no clue that the money was missing then it would have went unnoticed. The lawyer had to write a check for $7000. He wrote a check for $7000. The one who was supposed to received it was not expecting it so he would have never called asking where the $7000 was.

I would have cashed it, invested it, and lived off the interest. That way if someone ever asked for the $7000, I could say oops here you go.

Dude, you're not going to live off the interest of $7000.

 

[waggy]

Originally posted by: SunnyD

Originally posted by: rudder

Originally posted by: ricochet

Originally posted by: andylawcc
dude, one way or the other, they will find a way to get their money back after they figure out the mistake.

it's like when bank accidentally deposit some amount to your account, after they sorted out the error, the money you once "had" will be gone.

This. There's no way the mistake will go unnoticed. It's $7k, not $7.

If the previous owner had no clue that the money was missing then it would have went unnoticed. The lawyer had to write a check for $7000. He wrote a check for $7000. The one who was supposed to received it was not expecting it so he would have never called asking where the $7000 was.

I would have cashed it, invested it, and lived off the interest. That way if someone ever asked for the $7000, I could say oops here you go.

Interest on $7000 is about $175 a year these days. Hardly anything to "live" on.

thats 2-3 tanks of gas! fuck yeah!

 

[KeithTalent]

You did the right thing. Good job. :thumbsup:

KT

 

[CPA]

You did the right thing.

 

[D1gger]

Well done. You did the right thing and I applaud your honesty.

 

[enyce2k9]

Originally posted by: ajayjuneja
Good Karmic move! You'll be rewarded in time.

No. No. Rewards are outdated, there will be more tests ahead of him before he gets a reward.

Stay tuned.

atotmember #0102747 /out

 

[MaxDepth]

KARMA++

 

[FDF12389]

You did the right thing, not sure how i would have handled that though.

 

[TallBill]

Originally posted by: CPA
You did the right thing.

This.

 

[alkemyst]

people are confused.

If someone deposits something into your account in error, then they have a good chance at getting it back. However, handing you a check made out to yourself is not the same thing.

Unless they can prove that you mislead them in someway chances are no court would rule on their behalf.

Without all the details though no one can know what went down.

 

[randay]

maybe by buying the condo you assume all debts and... whats that word for the opposite of debt?

 

[mAdMaLuDaWg]

Originally posted by: randay
maybe by buying the condo you assume all debts and... whats that word for the opposite of debt?

Doh, you do have a point here. I never thought of it like that.

 

[Cuda1447]

I would have cashed that check without a hesitation.