How many times can they resubmit a bounced check??
UGGGH -- I had a major snafu a couple of weeks ago in which I was double-charged for a car repair. I eventually got the money back, but not until after my mortgage (OF COURSE) check bounced. It was re-submitted, but, thanks to alllll the overdraft fees that resulted from the original overdraft, bounced again. So my understanding was a check can only be presented twice. Therefore, in order to avoid being 30 days overdue with my mortgage payment, I made another payment. Now TWO payments have cleared my account, because the original was submitted a THIRD time.
I thought there was a limit on how many times this could happen. I've got 10 transactions outstanding and I'm hosed again. But I haven't bounced a check in so long maybe the rules changed? of course, my bank (BofA) is closed today so no help there.
Can anybody help? I just got paid and the whole amount has now been used up -- terrific!
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