Legal Question in Civil Litigation in Arkansas
A banks responsibility in advising its customer
What is a banks responsibility in advising a customer in a situation regarding their checking acct. with the bank.? Are they legally obligated to advise them in a situation whereby a spouse is writng and forging signatures on checks? Can the bank be held accountable when the advice given turns out to be misleading to the customer?
1 Answer from Attorneys
If you advise the bank that the signature was forged,
and it really was, they should put the money back into your account. They will probably sue the forger to get the money back; they might even bring criminal charges. If you can reach the spouse, have him or her stop the practice right now. Don't ever let it slide that someone forged your signature.
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