Cashing a large check

[2901bruce]

What is the name of your state? California

I received a large check for the sale of a home. I do not have a personal bank
acct, so I will negotiate it at the issuers bank. I had a creditor levy my account in the
past for a debt, so will not be opening a personal savings or checking account and
depositing it, for the time being.

What do you recommend? Convert check to AMEX Cashier's checks? A living Trust ??What is the name of your state?

 

[JETX]

What do you recommend?

I recommend you pay your bills... so that you won't have to worry about your checking account getting seized by judgment owners.

Convert check to AMEX Cashier's checks? A living Trust ??

Convert into cash. Then, go walk through your community 'project housing' announcing you have a lot of cash in your pocket.

 

[ecmst12]

There must be other reasons that someone wouldn't have a bank account...

 

[justalayman]

There must be other reasons that someone wouldn't have a bank account...

I am guessing from the OP statements that there is still a judgement outstanding and he is trying to avoid paying it.

 

[ecmst12]

Oh yeah...it was early.

If he sold a house, shouldn't there be more then enough money to pay off just about any debt though? Seems like a lot of trouble to go to in order to avoid a bill you can well afford to pay.

 

[justalayman]

That is why I stated "avoid" paying.

Without being judgemental about the OP, many folks feel they are in the right even when a court tells them they are not and wil go to great lengths to avoid fulfilling a court order.