Legal Question in Banking Law in California

Credit Union

an old account appeared on my credit union information from the 1990's. A friend and I had opened the account and then she left for Australia. I was the co-signer on the account. I forgot about the account thinking she closed it.

When it appeared on my statement I asked the credit union, they said I was co-signer on it. I withdrew the funds.

A month later they come to me and say the other party had taken me off the account.???? I didn't know you could ''take someone off the account?'' I thought you had to close the account and then open another in just your name.

anyway, after the credit union told me it was my money, I withdrew it, now they say the other party wants it back.

Who is responsible? I'd say the credit union is. I was a co-signer on the account. I have the e-mails from the credit union stating it is my money?


Asked on 7/31/07, 12:55 pm

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: Credit Union

I would tell them to go pound sand, or have an attorney write them a letter (on attorney letterhead) telling them to go pound sand, and threatening legal action if they mess up your credit or cause you to incur any expenses, costs, or legal fees whatsoever.

Read more
Answered on 7/31/07, 1:09 pm


Related Questions & Answers

More Banking Law questions and answers in California