Let's assume your company has just
completed a remodeling project and
is owed final payment of $18,500.
The owner intends, however, to withhold
$8,500, claiming that some of
the work does not conform to spec
and that certain change order work
was too expensive. After arguing
unsuccessfully, you finally threaten to
lien the property if payment of the
full amount of $18,500 is not forthcoming.
The owner subsequently
sends you a check for $10,000 with
the following language typed on the
back of the check above the endorsement
This check constitutes payment in full
and endorsement hereof releases payer
from all other claims by the payee.
If you cash the check, do you forfeit
your right to collect the