Legal Question in Banking Law in Florida
I have been having a lot of overdraft charges through my bank lately, I threatened to close my account,today i check my bank balanced they have put a pending withdrawl of $7147.45 that I owe on a credit card. Can they legally do this?
Asked on 1/13/12, 5:50 am
1 Answer from Attorneys
Joseph Brien
THE PEOPLE'S ADVOCATE
Yes. It is called the right of set off.
Answered on 1/13/12, 7:01 am
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