Legal Question in Business Law in Florida
Business loan
Can a bank take money out of your personal account to make a payment on a business loan that you are a grantor on without your consent. The loan was past due, so they took it out of my personal savings account.
Asked on 5/23/08, 1:43 pm
1 Answer from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Re: Business loan
Probably. Look at the loan agreement and the guarantee that you signed. I bet it says that they can do this.
Answered on 5/23/08, 2:42 pm
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