> the banks take on nearly all the costs of processing them
Not for me. I live in Norway. I suddenly became an absent party of a class action lawsuit in the USA. The settlement came in the form of a check. A small amount, maybe around $50. But the cost of cashing it in Norway was more than the value!
If you cash it, maybe. If it's deposited, probably not. Especially for a small dollar value.
When did it expire? Depending on the terms of the settlement, they may have forwarded it to a state's unclaimed property office... It's probably not worth your trouble for $50, but maybe you can still get it back.
Not for me. I live in Norway. I suddenly became an absent party of a class action lawsuit in the USA. The settlement came in the form of a check. A small amount, maybe around $50. But the cost of cashing it in Norway was more than the value!