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Home > Money & Services > Bankruptcy & Debt   »   Banking overdraft

 
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Old Feb 17, 2006, 09:06 AM
jvern71
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Banking overdraft

Three years ago I incured a large overdraft on my checking account through an error made by my bank. I went to the bank to open a GL account to pay the balance but never paid it off. What legal action can the bank take against me if I'm not at fault for the debt? Is there a statue of limitation?

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Old Feb 17, 2006, 11:58 AM   #2  
CaptainForest
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[quote=jvern71]What legal action can the bank take against me if I'm not at fault for the debt?QUOTE]

Ummmm, nothing.

If you aren't responsible for the debt, then there is nothing to worry about.

Why not go to your bank and clear up this matter?
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