I got this in an email. It could be true. I have seem bills of negative amount in India.

In March 1992 a man living in Newtown near Boston Massachusetts
received a bill for his as yet unused credit card stating that he owed
$0.00. He ignored it and threw it away. In April he received another and
threw that one away too. The following month the credit card company
sent him a very nasty note stating they were going to cancel his card if
he didn't send them $0.00 by return of post. He called them, talked to
them, they said it was a computer error and told him they*d take care of
it.

The following month he decided that it was about time that he
tried out the troublesome credit card figuring that if there were
purchases on his account it would put an end to his ridiculous
predicament. However, in the first store that he produced his credit
card in payment for his purchases he found that his card had been
cancelled. He called the credit card company who apologized for the
computer error once again and said that they would take care of it. The
next day he got a bill for $0.00 stating that payment was now overdue.
Assuming that having spoken to the credit card company only the previous
day the latest bill was yet another mistake he ignored it, trusting that
the company would be as good as their word and sort the problem out. The
next month he got a bill for $0.00 stating that he had 10 days to pay
his account or the company would have to take steps to recover the debt.


Finally giving in he thought he would play the company at their
own game and mailed them a check for $0.00. The computer duly processed
his account and returned a statement to the effect that he now owed the
credit card company nothing at all. A week later, the man*s bank called
him asking him what he was doing writing a check for $0.00. After a
lengthy explanation the bank replied that the $0.00 check had caused
their check processing software to fail. The bank could not now process
ANY checks from ANY of their customers that day because the check for
$0.00 was causing the computer to crash. The following month the man
received a letter from the credit card company claiming that his check
had bounced and that he now owed them $0.00 and unless he sent a check
by return of post they would be taking steps to recover the debt. The
man, who had been considering buying his wife a computer for her
birthday, bought her a typewriter instead.

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A Proud Indian Canadian

Funny.

I only WISH that my credit card bill would be 0.00 every month or that I'd get notices that 0.00 was grossly overdue.

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Are you there?

Talk about a zero balance? Well due to computer stupidity, I have been paid interest by CCRA that was, as per their records, charged to my account because of late payment of taxes (which they realised was wrong since i had paid taxes before due date!).

Being an accountant I am still unable to understand how something that was due from me as per their records, became due to me and they sent me a cheque!

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Chandresh

Advice is free – lessons I charge for!!

lol .. is this really true. Any link?

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