Tuesday, April 1, 2014

If my bank account is negative by over $15,000 can I be sued?

Question

If my bank account is negative by over $15,000 can I be sued?



Answer

Yes, the bank can and probably will sue you, but not before they run up significant interest, fees and penalty charges.



Answer

You owe the bank a significant amount of money if it is overdrawn, of course they will sue.



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