Legal Question in Banking Law in Indiana
State and federal law
Do banks have the right to remove money from your account without your permission?
Asked on 4/02/04, 8:25 pm
1 Answer from Attorneys
C. David DuMond
Law Offices of David DuMond
Re: State and federal law
Involuntary transfers out of your bank account can occur for many reasons, including: tax grabs, garnishments, offsetting debt you owe the bank under some loan agreement, etc.
Answered on 4/03/04, 12:02 pm
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