Legal Question in Banking Law in Minnesota
can banks withdraw funds that are not mine
Can a bank withdraw funds from a savings account if the money in the account is not my money. The money was my daughters education money that she borrowed for a student loan to go to the university, I pay her rent and bills out of that account. They took money out to pay for past dues on my 2nd mtg.
Asked on 2/27/09, 3:43 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: can banks withdraw funds that are not mine
Is she listed as a depositor/ accountholder?
If traceable you may have a claim. I would have to review your bank docs.
Call or email. I have 25 years representing creditors including banks.
Answered on 2/27/09, 5:14 pm
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