?? 4 finance gurus

[Banned]

Hier

if you cash a cheque in someone elses bank account are they then liable for tax on the amount ??

how do you find out if you have CCJs against yourself ?

And is it 7 years when debts for personal loans and visa cards are written off . sold for peunuts to those recovery cunts !

thanks for any clarification

steve

[Phoenix]

I'm not even sure you can cash a cheque straight into someone elses account, but say you can then yes they are liable to pay tax on any interest earned on it as it is considered their money. However you don't pay any tax when you cash money into your account which is what your question sounds like.

As for CCJs, they will be on your credit report which you can apply for, google will tell you who can give you one. No idea about debts being written off.

[Banned]

thanks,

you can sign a cheque over to someone i believe and it would be cashed as soon as cleared....

Its not to go into my account as it stands at present.

Steve

[iooi]

I assume you are in a sticky monertry situation.

That the chq is in your name, but you don't want any creditiors to know about the money.
You maybe able to pay into their account, but you would have to wait for it to clear before they would give you the money. 8 working days is how long they need to wait to ensure that the bank can't reclaim the money.


Here gives some time info

But i would really advise talking to these guys cccs they are a non profit debt advise charity who give very good advise and can help to sort out problems.

As to ccj etc. Just google for credit reference agencies and you will find a few.
Many offer 30 day free trial, but you will need to enter card details to get this.
Just follow their procedure and cancel before the 30 days for the trial.
If you use Quido you can sign up and get money back for doing so.
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Just because my bike was A DIVVY, does not mean i am......

[Tonka]

[Kickstart]

[Banned]

Thanks All,

The debts are from around 10 years ago, the cheque will be in my name but i dont have a bank account in my full name.

The cash cheque places do charge a lot but if you cash a large one, you will be able to negotiate a much lower percentage.

The building society account i use is the same surname and i have got away with plenty in the past as a result of people not checking initials.

The cheque is awaiting on a house sale and is going to be several thousand.

Thanks

Steve