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.

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Answered on 5/23/08, 2:42 pm


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