Non-Negotiable just means that the instrument CANNOT be assigned/negotiated to another party, BUT it is still a binding contract or agreement between the 2 parties.
That’s why Publishers Clearing House STOPPED sending out checks to people that said “NON-NEGOTIABLE” on them because someone figure that out & cashed a check sent by Publishers Clearing House which said “NON-NEGOTIABLE” on it and they actually received the face amount of money that was written on that Publishers Clearing House Check.
“Negotiability” just means “Assignability”, BUT the offer and acceptance between the 2 original parties are STILL BINDING between those 2 parties.
This is the mistake the majority of people believe, just because a check says “NON-Negotiable” on it that it is No Good, NOT SO!
It just can’t be negotiated/assigned /sold further to a 3rd party.. That’s what NON-NEGOTIABLE really means.
The CAP Security here at Cancel1Mortgage.info has a 100% Money-Back Guarantee and meets all these requirements, has paid off all types of Bank and Financial claimed debts, and has been accepted by banks, courts, and mortgage companies as debt termination.. Think about it..
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