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#1849387 - 09/06/13 02:52 PM UDAAP collecting neg. bal. after acct close
Patricia Offline
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Joined: Mar 2011
Posts: 327
Kansas
Situation: Bank closes checking account due to excessive ODs. This former customer returns to bank sometime later to cash a check and bank deducts moneis owed from the check. Would this be considered unfair and deceptive?

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#1849388 - 09/06/13 02:53 PM Re: UDAAP collecting neg. bal. after acct close Patricia
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 77,605
Galveston, TX
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#1849400 - 09/06/13 03:08 PM Re: UDAAP collecting neg. bal. after acct close Patricia
Patricia Offline
Gold Star
Joined: Mar 2011
Posts: 327
Kansas
I saw John's blog yesterday regarding this and I knew the bank was doing this so just wanted to be sure this is something the bank needs to quit doing. Thanks rlcarey.

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#1849492 - 09/06/13 05:08 PM Re: UDAAP collecting neg. bal. after acct close Patricia
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 77,605
Galveston, TX
IMHO - the only way to do this properly is to sue them in small claims court and have an actual judgment in your possession. That way, you have a legal right to the individual's property that comes into your possession.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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