Legal Question in Real Estate Law in Florida

Financial/Mortgage

My friend has an account with a bank

in FL. ... he has two mortgages with

this bank. The bank held a meeting

(without my friend present and

without his knowledge) and decided

to debit his account the money that

he owed and then ''put a hold'' on

the remaining funds in his account.

Is this legal? I don't see how


Asked on 12/18/08, 9:31 am

1 Answer from Attorneys

Justin Schmidt Law Office of Justin B. Schmidt, P.A.

Re: Financial/Mortgage

Something does not add up. Unless your friend agreed to some auto-pay provision in his loan documents, I agree the bank would not have any grounds to pilfer assets from unrelated bank accounts. Do they have any judgements against him?

It sounds to me like we are missing some important details.

Read more
Answered on 12/18/08, 9:24 pm


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