Legal Question in Banking Law in Florida
financial question
If you have a joint checking account with someone, does that make you responsible for any debts they have?
Asked on 3/13/08, 4:54 pm
2 Answers from Attorneys
Tonia Troutwine, Esquire -
Troutwine Law Group. LLC
Re: financial question
You will be responsible for any debts that may arise from the account, for example overdrawing the account including any associated fees.
Answered on 3/14/08, 9:03 pm
John Corbett
Corbett Law Firm LLC
Re: financial question
No, but it may mean that your money in the account may be taken to satisfy their debts. It may be difficult or impossible for you to get it back.
See also: http://info.corbettlaw.net/lawguru.htm
Answered on 3/13/08, 5:52 pm
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