# Stop payment on a payoff

**URL:** <https://forums.speedlife.net/t/stop-payment-on-a-payoff/188719>\
**Category:** PittSpeed Off Topic\
**Created:** [March 20, 2007, 6:29am UTC](https://forums.speedlife.net/t/stop-payment-on-a-payoff/188719 "2007-03-20T06:29:43Z")\
**Posts on this page:** 7\
**Page:** 1

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**Author:** ![MONTE\_SS](https://avatars.discourse-cdn.com/v4/letter/m/8797f3/32.png) [@MONTE\_SS](https://forums.speedlife.net/u/MONTE_SS)\
**Post date:** [March 20, 2007, 6:29am UTC](https://forums.speedlife.net/t/stop-payment-on-a-payoff/188719/1 "2007-03-20T06:29:43Z")

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if money has cleared on the banks end from a dealer, and then the dealer stops payment is it to late?

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**Author:** ![neonracer01](https://avatars.discourse-cdn.com/v4/letter/n/9fc348/32.png) [@neonracer01](https://forums.speedlife.net/u/neonracer01)\
**Post date:** [March 20, 2007, 2:53pm UTC](https://forums.speedlife.net/t/stop-payment-on-a-payoff/188719/2 "2007-03-20T14:53:22Z")

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i wouldnt think the bank would refund the money to the dealer after it cleared.

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**Author:** ![Jenn](https://avatars.discourse-cdn.com/v4/letter/j/ba9def/32.png) [@Jenn](https://forums.speedlife.net/u/Jenn)\
**Post date:** [March 20, 2007, 4:48pm UTC](https://forums.speedlife.net/t/stop-payment-on-a-payoff/188719/3 "2007-03-20T16:48:55Z")

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What exactly do you mean? The dealer issued a check and placed a stop? Or you issued a check to the dealer and placed a stop?

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**Author:** ![Jenn](https://avatars.discourse-cdn.com/v4/letter/j/ba9def/32.png) [@Jenn](https://forums.speedlife.net/u/Jenn)\
**Post date:** [March 20, 2007, 4:49pm UTC](https://forums.speedlife.net/t/stop-payment-on-a-payoff/188719/4 "2007-03-20T16:49:37Z")

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fyi, most likely is there is a stop on a payoff there may be p[enalties as per the contract of the loan

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**Author:** ![PurpleMongoose](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/purplemongoose/32/3349_2.png) [@PurpleMongoose](https://forums.speedlife.net/u/PurpleMongoose)\
**Post date:** [March 20, 2007, 7:54pm UTC](https://forums.speedlife.net/t/stop-payment-on-a-payoff/188719/5 "2007-03-20T19:54:39Z")

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Seems to me once it’s cleared, it’s been paid. Can’t stop something that’s already happened.

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**Author:** ![ZEX350Z](https://avatars.discourse-cdn.com/v4/letter/z/87869e/32.png) [@ZEX350Z](https://forums.speedlife.net/u/ZEX350Z)\
**Post date:** [March 20, 2007, 7:58pm UTC](https://forums.speedlife.net/t/stop-payment-on-a-payoff/188719/6 "2007-03-20T19:58:25Z")

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also have to watch, if you stop payment and don’t take care of it, checks over $300 are grand larceny which is a felony, which means they will take your ass straight to jail.

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**Author:** ![MONTE\_SS](https://avatars.discourse-cdn.com/v4/letter/m/8797f3/32.png) [@MONTE\_SS](https://forums.speedlife.net/u/MONTE_SS)\
**Post date:** [March 21, 2007, 5:10am UTC](https://forums.speedlife.net/t/stop-payment-on-a-payoff/188719/7 "2007-03-21T05:10:43Z")

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dealer paid off my car, for a trade in but decided to return the truck, and the bank is posting the car as paid off on my accout via phone and internet.