Posted on Feb 24, 2010 By Robert Kovacs
As you may have heard there are several new credit card regulations. One such regulation prohibits banks from charging over draft fees unless you “opt in.” If you chose not to “opt in” to the service ...
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Posted on Jan 20, 2010 By Robert Kovacs
Leave it there. An individual filing a chapter 7 bankruptcy case you may be able to exempt up to $11,200 ($22,400 for a married couple) of cash and bank deposits. If the money is exempt it will not be ...
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Posted on Jan 8, 2010 By Robert Kovacs
This is called “Setoff.” A bank has the right to “setoff” one account against another. For example if you have a loan and a checking account (or other account with money on deposit) at the same bank ...
Continue reading "My Bank took money out of my checking account to cover a loan that I had not paid – Can they do this? " »