Can one person deposit a joint check?

Can one person deposit a joint check?

In the first case, you should be able to deposit the check in either person's individual account, or a joint account. In the second case you will have to deposit in a joint account OR bring the other person with you to the bank and have them show their ID to the cashier and endorse the check in their presence.

Is it illegal to cash a two party check?

If the Other Party Cashes Your Two-Party Check Instead, they will need to talk to the person who initially deposited the check to recover their portion of the funds. Special Note: It is illegal, even if you have a joint account with someone, to forge their signature on a check and deposit it.

Can I cash a check made out to me and my lien holder?

If the lien holder is a company (bank, finance company, etc) then you cannot cash the check. The lien holder gets first dibs on any money from the sale of your car, up to the entire amount owed to them. Call the lien holder for specific directions, but usually you will sign the check and mail it to them.