Legal Question in Credit and Debt Law in Texas
Bank auto debit
Are there any legal reasons a bank can legally debit money from a personal checking account? Defaulted on auto loan financed through the same bank and bank deducted amount from account without my authorization and account now subject to NSF fees.
Asked on 10/10/08, 3:31 pm
1 Answer from Attorneys
Donald McLeaish
McLeaish&Associates;, P.C.
Re: Bank auto debit
Probably because it was part of your loan agreement...change banks NOW
Answered on 10/10/08, 3:39 pm