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To: SoFloFreeper

AS with any check from an enterprise organization, if it is not cashed it eventually goes to the state government.

It’s called escheat revenue. Revenue the organization did not earn. The Accounts Payable department will send it to the Secretary of State who will list it as unclaimed property for a number of years, then will post it to the state’s general fund most likely.

If you think you have a case over an above the class action, see an attorney. But cash the check. If it is large, declare it as 2014 income or it is bait for an audit.


24 posted on 10/17/2014 1:21:43 PM PDT by cicero2k
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To: tcrlaf; GeronL; ontap; smoothsailing; pabianice; ken5050; NEMDF; chajin; Blood of Tyrants; ...

Thanks to all who contributed.

The consensus seems to be to keep the check, as it will never be seen by Toyota again.

Thanks.


25 posted on 10/17/2014 2:57:34 PM PDT by SoFloFreeper
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