Legal Question in Banking Law in Iowa

Is it illegal for a bank to allow me to get direct deposit cash advances and also charge me finances charges on them if I am currently under Chapter 13 bankruptcy?


Asked on 6/03/10, 8:19 am

1 Answer from Attorneys

Robert Luedeman solo practitioner

It's not illegal but if you're evading the reach of the bankruptcy trustee by hiding money both you and the bank can be in a world of hurt. Have you informed them of your status?

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Answered on 6/03/10, 8:52 pm


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