how do i cash a crossed cheque without a bank account?

carolplus4

Hi there,
My husband has just been sent a cheque from his car insurance company, but it is in his name and he has no bank account due to bankrupcy and very limited forms of ID.the cheque is quite substantial-how can we cash it?
TIA,carol.

lumpy_bum

cash converters or those type of companies???

Retired_I.F.A.

Explain the situation to the insurance company and get them to issue a cheque in someone else's name or to have it credited to a deposit account of his own electronically. ie a b/society account.

jonesMUFCforever

Ask the trustee in bankruptcy to cash it for him!

jimmo

Definitely no expert here, but we all like to think we pick up a few things on the way. If the incident that gave rise to the payment from the insurance company occurred before he was made bankrupt then the cheque forms a part of his bankruptcy and has to be passed on to the trustee in bankruptcy. Your husband will not see a penny but his creditors will get a bit each.
If the incident happened after he was made bankrupt the money could rightfully be his but how come he still owned his own car and was insured?
I imagine cash converters etc will do this at a price but if there is anything dodgy about his right to the money the blame, and the jail sentence will fall on your husband.