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Old 01-09-2018, 01:54 PM
T205 GB's Avatar
T205 GB T205 GB is offline
@ndrew woo.dfin
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Originally Posted by vintagetoppsguy View Post
It's not settled until the OP receives cleared funds. A promise to pay does not equate payment. I sold an eBay item that ended 1/1/18 and sent the buyer an immediate invoice. A week goes by and nothing. I sent him another invoice. Nothing. On the eighth day, I sent him a message and asked if he still wanted the item. Below is his response. So by your logic, my buyer's promise to pay is the same thing as payment? I can cancel the NPB claim? Go ahead and ship the item too?

I don't doubt Al sent the check when he said he did. But mail gets lost. Checks don't always clear. You get the point? When the OP has the cleared funds in his bank account, then and only then has he been made whole.

James I do agree on your issue via eBay but we are talking about Al here. For fucks sake every person that has ever met the guy knows if he said your checks in the mail it is there. There is probably only 1 person on the board that thinks otherwise. So yes if Al called me and said my money was sent I would consider the deal done and closed! I would do the same with most guys here that I have known for a while also. Apples to Oranges comparison IMO.
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Old 01-09-2018, 01:58 PM
vintagetoppsguy vintagetoppsguy is offline
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Originally Posted by T205 GB View Post
James I do agree on your issue via eBay but we are talking about Al here. For fucks sake every person that has ever met the guy knows if he said your checks in the mail it is there. There is probably only 1 person on the board that thinks otherwise. So yes if Al called me and said my money was sent I would consider the deal done and closed! I would do the same with most guys here that I have known for a while also. Apples to Oranges comparison IMO.
Nobody is questioning Al's character. My point is that checks do get lost. If a consignment can get misplaced, why can't a check? My point is still the same. It's not settled. It's agreed upon, but it's definitely not settled - not until the OP has cleared funds in his account.
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