As far as I know you have been paid. If not, Wednesday some of our Social
Security money direct depost and then run it Thursday. I have not seen my
statement as of yet. I am unaware of what payments have been through my card.
Sorry for your inconvenience. By all means, you will be paid.
Robert Long
> Date: Mon, 11 Jan 2010 17:02:45 -0800
> From: [email protected]
> Subject: Re: PayPal: Yea or Nay?
> To: [email protected]
>
>
>
> > But now there's a problem. Remember: you are legally required to provide
> > funds
> > for refunds and chargebacks. Failure to do so is FRAUD, etc.
> >
> > Since your Paypal account is empty, Paypal will initiate an ACH transfer
> > from
> > your attached bank account. Your bank - instructed to not provide
> > overdraft
> > coverage - will bounce the ACH order, and hit you with a bounce fee. If
> > the
> > amount is small, Paypal will often give up, and let the rest of their
> > policies
> > and/or insurance handle things. But if the amount is large, Paypal could
> > take
> > legal action against you. And if the Buyer used a credit card, and
> > initiated a
> > chargeback, then that bank can also go after you! When all is said and
> > done,
> > and you've delt with the hassle and paid all the legal fees, and felt the
> > dent
> > in your credit rating, there's one final "bump": This is the 21st Century:
> > Processors Talk. No matter where you go from then on, you will probably be
> > required to keep an escrow available. Nice services like Paypal may just
> > do a
> > withdrawl delay. Other's will require a large cash balance at all times.
> >
> > Bottom line... This isn't a cash'n'carry garage sale where you can legally
> > take
> > the money and run. You have contracted with the banking system to process
> > payments for you. Now you have to own up to your side of the contract too!
> >
>
> True,
> . . . but if your are protecting your bank account from being raided unjustly
> then let PayPal file a civil suite for fraud. If their claims are false you
> have legal options.
>
> Hypothetically, if someone was raiding my bank account on a bogus charge then
> I would protect it by any means necessary. Of course many folks don't have
> the motivations to really fight the powers that be.
>
> If need be let the lawyers sort it out.
>
> I know this is another simplistic solution to this wonderful modern world we
> live in. And I know this not the country I grew up in during the days of old,
> but I'm still feisty and and willing to exercise whatever rights I have left.
>
> Oh well, --glen
>
>
>
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