I asked this same question for the same reason at my local currency exchange. the amount is 28K The exchange told me they would cash it with a photo ID and that they would pay me the first 5K in cash then write me 4 more checks to return each day thereafter and cash. The only thing they did say was they would probably call the bank and verify the funds and the payee. Also the cost of this transaction is high at about 500.00. Hope that helps? BG
Most banks in this situation would be willing to open an account. The check is for a large amount and drawn on a reputable company. Unless you have judgment(s) pending, where a bank account could be levied, there shouldn't be any problem. Walmart (believe it or not) will accept anyone with even a small opening deposit, regardless of credit status.
If you are in the unfortunate situation that you have a check but no bank account, it would seem your only option would be to go to a check cashing business where your check will be cashed at the cost of a large a percent of your whole check.
A creditor can get a judgment and freeze your bank account in South Carolina, but typically creditors only do this if you owe them a very large amount of money. The cost to do this usually means it's not worthwhile for creditors to pursue this type of action.
LArge employers subject to ADA cannot take into account that a candidate USED TO be a drug addict and had treatment. Small employers have no such restriction.
Yes. If the creditor wins a suit and receives a judgment the judgment can then be executed according to the laws of the state where the debtor resides. The judgment creditor usually has several enforcement options such as wage garnishment or bank account levy or seizure and sale of non exempt assets or lien against real property. In rare cases a lien can be used as a forced sale of a home or other real property belonging to the debtor.
The only way to cash a check that large might be to take it to a bank and open a business account, or you may be able to deposit into a personal account. If it is for payment to a business, opening a business account might be your only choice.
Possibly. Contact your bank for more information concerning why your account is frozen and how you should proceed.
In order to get a cashiers check, the money had to be withdrawn from an account, this account could be traced. You could withdraw cash, then use it to get a cashier's check, but someone might be able to match the date of a large withdrawal.
A small one will not have a bank but large ones can have many ATM machines and banks. With the right ID or an account, you could cash a check.
Go to a check cashing place like at ACE or inside Walmart. Theres alot of places like this everywhere.
Deficiency judgments are fairly common everywhere on large houses. The more the amount you owe on a house, the more you are likely to have a judgment filed against you.
its a judgment not a collection agency? all i can say is check on it, also check what your state allows per-year in interest charges. you know three years ago you should have paid atlease 20.00 a month just to show your good fate, believe me in the long run the 20.00 a month would have been seen as an effort on your part.