Right to Offset

Thread Options

#118920 - 09/30/03 07:58 PM Right to Offset
Anonymous Unregistered	If a savings account is receiving direct deposit of child support payments and the same customer has overdrawn their checking account, may we use the funds in the savings account to offset the overdraft, keeping in mind the child support payments?
Return to Top

#118921 - 10/14/03 05:39 PM Re: Right to Offset
Dave M_TCA Platinum Poster Joined: Oct 2000 Posts: 686 Wherever my most benevolent em...	Usually special accounts that third parties have vested interests in, such as funds for a child, are not subject to setoff of unrelated debts. _________________________ David J Mulkerin, CRCM All opinions expressed are mine and not those of my employer and are not to be taken as legal advice.
Return to Top

Hop To