overdrawn checking account closed and bank kept my car title
A bank kept my car title after the loan was paid because my checking account had been closed due to overdrawn funds. Can they do this?
Reply from DebtCollectionAnswers.com:
If there was a cross collateralization clause that gave the bank a security interest other funds you had on deposit, then it may be possible that this could be legal. However, we're not attorneys and can't say for sure. We'd recommend you talk with a consumer law attorney.
Click here to post comments
Return to Debt Collection Questions.
Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2019 by Mary Reed and Gerri Detweiler.
All rights reserved.