Lai Ping Lee
oh, that was some thing happen to me too, Gail Marie, the bank accept my instrument ............ I was paying off a mortgage like everyone else does as usual...somewhere along the way I learned how to do an EFT/Electronic Funds Transfer.
EFT = Electronic Funds Transfer.. supposedly a cheque that has 'cheque' crossed-out, and deposited, into a closed-chequing-account.. on the public or private side i forget (as it was told to me)
The bank accepted the instrument, and not only discharged my mortgage apparently, but, ALSO sent me a $4008 cheque for overpayment. Everything seemed ok, then, later the Bank basically says that they've just changed their minds and that OH BY THE WAY, " you still owe us the remaining on your mortgage. " However, The whole time keep in mind, the Bank have NEVER returned my EFT/Instrument/Negotiable Instrument. They get an order for a Writ of Possession against me, and let me know I has a certain time before I gets evicted...which happened last week in my condo being stormed by 9 cops and the City Sheriff. ....... Thanks to Derek Moran for helping me to express this situation, ~ but now I am taking the bank to court, for FRAUD