I have a cashier's check from 1982 that my current bank said that I couldn't cash. I have the closed out passbooks to verify the amount of the check and records that show the previous bank's verification of that amount. My current bank faxed copies of this information to the original bank, but the original bank said that it has been too long and that they won't honor the check. Is there anything that I can do to get the money from this check? Do cashier's checks always expire?
Cashier's checks don't expire, but they are subject to state abandoned property laws. Start by checking the Missing Money website to see if your state participates in the National Association of Unclaimed Property Administrators. If so, you can use the website to see if there's anything out there with your name on it.
If you strike out there, check with the office of your state's State Treasurer to ask about unclaimed property. Twenty-five years is an awfully long time to be holding on to a cashier's check. While it is understandable that sometimes a check can be set aside and then forgotten, it is not wise to hold on to them precisely because of the problems you are facing with this check.
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