I have a check made out to Salem Wholesale Beverage Inc. c/o my name. This corporation was closed in 2006, and the business account was closed in 2007. This is a class action suit check. Can I deposit this check into my personal account?
Untitled
No, the check is not payable to you. You may have to at least temporarily reactivate the corporation in order to negotiate the check. Get some advice from the attorney (if any) who helped you wind down the corporation.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
No, the check is not payable to you. You may have to at least temporarily reactivate the corporation in order to negotiate the check. Get some advice from the attorney (if any) who helped you wind down the corporation.
