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    jvern71's Avatar
    jvern71 Posts: 1, Reputation: 1
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    #1

    Feb 17, 2006, 11:06 AM
    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?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Feb 17, 2006, 01:58 PM
    [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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