Q: How do I deposit a refund check from insurance company for a LTD that has been dissolved.
I had a LTD business that is now dissolved. Since its dissolution I received a refund from an insurance company for overpayment of services. I have tried everything to deposit this check. The insurance company will not reissue it and I cannot sign it over to a third party. I am wondering if I can recreate the company just to get an EIN to open a business bank account and then dissolve that company after I get the funds? If not what else can I do?
A: Endorse the check on behalf of the company over to yourself as an individual and deposit it in your individual account.
A: One option, if you haven't already attempted it, might be to check with your bank if a letter of affidavit in your capacity as a former officer might enable depositing of the check. Although your bank could understand your frustration, they have to comply with their own strict policies involving indorsements. Good luck
A: Addendum - I apologize... a minute ago, I meant to write "a letter OR affidavit" (not a "letter of affidavit"). Good luck
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