How to account for a check that's never been cashed?
April 7, 2009 7:52 PM Subscribe
A check we recently sent to the insurance company didn't make it there. We've sent a new one, but what should we do about the old one?
posted by tomwheeler to Work & Money (9 answers total) 2 users marked this as a favorite
I was surprised to find a late payment notice from our insurance company in the mail in January. The checkbook showed that we wrote a check on time, but it apparently never reached them. The company said they'd just apply it to my account if it ever turned up, so I sent them a new check right away. But even three months later, the first one has never been cashed.
Does a personal check eventually expire? Putting a stop payment on it doesn't seem worth the trouble or expense in this case, but since I'd like to eventually spend that money on something else, a bounced check would be even worse.
What's the best way to handle this?