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money order made out to someone else

Posted on 5/6/08 at 3:55 pm
Posted by lsu7171
baton rouge
Member since Mar 2004
3863 posts
Posted on 5/6/08 at 3:55 pm
is it ok to use white out and put your name on money order?
sold item on ebay and buyer sent me m.o with wrong name .
Posted by bubbz
Baton Rouge
Member since Mar 2006
22810 posts
Posted on 5/6/08 at 4:04 pm to
i work in a financial institution. We would consider it altered and probably not take it.
Posted by SG_Geaux
1 Post
Member since Aug 2004
77928 posts
Posted on 5/6/08 at 4:13 pm to
quote:

money order made out to someone else
is it ok to use white out and put your name on money order?
sold item on ebay and buyer sent me m.o with wrong name .



You got fricked.

Why in the hell would you not use Paypal ?
This post was edited on 5/6/08 at 4:14 pm
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
16448 posts
Posted on 5/6/08 at 4:22 pm to
quote:

is it ok to use white out and put your name on money order?


Please tell me you are joking.
Posted by titmouse
a tree branch above your car
Member since May 2006
6353 posts
Posted on 5/6/08 at 4:35 pm to
quote:

is it ok to use white out and put your name on money order?


Yes...also go ahead and add a few zero's as well...white-out is optional in that case.
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
16448 posts
Posted on 5/6/08 at 4:54 pm to
quote:

Yes...also go ahead and add a few zero's as well...white-out is optional in that case.


Yeah, all that stuff they print on the checks is editable. I don't know why they don't just sign them and let you fill everything out.

Posted by Tiger in Gatorland
Moonshine Holler
Member since Sep 2006
9075 posts
Posted on 5/6/08 at 5:07 pm to
quote:

sold item on ebay


Hopefully you did not mail them the item yet.
Posted by TulaneUVA
Member since Jun 2005
25881 posts
Posted on 5/6/08 at 5:09 pm to
this is too good
Posted by Kim
Chapel Hill
Member since Aug 2007
3556 posts
Posted on 5/6/08 at 8:06 pm to
Print the name on the face of the money order as the endorsement.

Then write "for deposit only" with your name,account number, and the words "prior endorsement guaranteed".

Deposit into your account.

Do not withdraw this money from your account for a couple of years (maybe less..ask your banker)...after which, you're home free.

Probably need to make copies of all documents related to the transaction. Remember, you're acting in good faith...
Posted by lsu7171
baton rouge
Member since Mar 2004
3863 posts
Posted on 5/7/08 at 7:26 am to
I WILL SEND BACK TO BUYER AND LET HIM REISSUE M.O.
Posted by Ziggy
Member since Oct 2007
21506 posts
Posted on 5/7/08 at 7:28 am to
quote:

I WILL SEND BACK TO BUYER AND LET HIM REISSUE M.O.

OKAY
Posted by lsu7171
baton rouge
Member since Mar 2004
3863 posts
Posted on 5/7/08 at 7:29 am to
i do take paypal but this buyer wanted to pay with money order.
no i did not ship yet
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 5/7/08 at 7:34 am to
quote:

i do take paypal but this buyer wanted to pay with money order.
no i did not ship yet


Good call on both counts.
Posted by Kim
Chapel Hill
Member since Aug 2007
3556 posts
Posted on 5/7/08 at 8:03 pm to
quote:

no i did not ship yet


You didn't mention leverage....
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