I deposited a settlement check for $13,000 on 12/17/08 and my bank sent me a notice saying that it is on hold until 1/5/09. Is there anyway to get those funds before Christmas?
The hold appears to be for eleven business days. That indicates either that your bank is concerned about the likelihood the check will be paid, that the check has been returned before for insufficient funds, or that the bank has had problems with overdrafts in your account in the last six months. There is also a possibility that the bank is only holding $8,000 of the check amount, and has given you access to the first $5,000 by now.
You certainly can ask the bank to consider lifting the hold if it can determine that the $13,000 check has been paid. You probably won't have much success with that, but it's worth a try.
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The hold appears to be for eleven business days. That indicates either that your bank is concerned about the likelihood the check will be paid, that the check has been returned before for 