My Stolen Rent Check Shows Why America Is Broken
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When my landlord’s management company informed me that they hadn’t received my rent check, I was surprised. As for most Americans, housing is by far my biggest expense. So of course I noticed when the money vanished from my account. The mystery deepened when I conjured up an image of the canceled check on my bank’s website. There was my check, canceled and endorsed. I sent a screenshot to my management company. Look closer, they responded. We didn’t cash it. That’s the signature of some random person—not us. So it was. How could my bank clear a check for thousands of dollars made out to a company like “XYZ Management Corp.” but endorsed by a completely unrelated individual—one who doesn’t work there, natch—like “John Smith”? What were my rights in this situation? The answers to those two questions provide insight into state of a country that has lost its way. There is a prequel to the…
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