Each loan has to be signed over several times, first by the originator, then by typically at least two other parties, before it gets to the trust, "endorsed" the same way you might endorse a check to another party.
Don't endorse a check from your parents' insurance carrier, sign a deed to their house or retitle a retirement account, or you might not be able to disclaim, warns McManus.
It hardly seems fair, but when you endorse a check that has insufficient funds backing it, you're telling the bank you're responsible for that check.
Note that writing the account number is not always required when endorsing a check for deposit.
For details, check out "Ghost Of Milton Friedman Materializes In Chicago, Endorses A Price On Carbon".
Coburn's unwillingness to endorse a background check compromise has frustrated Democrats, who spent weeks negotiating legislative language with him.
Few believe that the Germans, or their allies in fiscal rectitude in Austria, Finland, the Netherlands and elsewhere, would endorse a blank-check form of debt issuance for the Greeks.
Not long ago, Bonnell sold a Franklin pay warrant and a check endorsed by General Grant to a young lady for a total of ten dollars.
It took 56 bids, but a check endorsed by the creators of Superman that conceded the ownership rights to the character went for $160,000 at auction at Comicconnect.com.
Once the account has reached $25, Endorse will cut you a check — although it's looking into quicker means of payment, like through PayPal, issuing reloadable debit cards, or automatically crediting the account you paid with.
