Asked in Consumer Law and Banking for Tennessee

Q: I bought cashiers checks several years Ago and bank is refusing to accept them. What should I do?

I deposited checks into a different financial institution as the void date is near. I went to the bank and they stated there was nothing they could and referred me to a property claim website. In looking on the site there were no claims attached to my name. In speaking with the treasury department they had no records attached to my name.

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1 Lawyer Answer
Anthony M. Avery
Anthony M. Avery pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
  • Knoxville, TN
  • Licensed in Tennessee

A: Cashier's Checks are the issuing Bank's own Note. Hire a very competent attorney to sue the Issuing Bank for wrongful dishonor, possible breach of contract, etc. You may have to sue the Bank in its own jurisdiction. Is the Bank still in business? It sounds like it folded and Unclaimed Property was not funded by the Bank. It may involve tracing down stock ownership and the Comptroller of the Currency, as well as every bank regulatory agency there is.

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