Legal Question in Banking Law in Illinois

''receipt or acknowledgement of payment''

i am making monthly payments to a local bank.(for a loan that i had taken)

the bank does not issue a receipt nor is willing to acknowledge the payment.

is their a law to protect my rights to get a receipt when i make payments?

if yes, what is the law? kindly state the law if possible.

thanks

regards


Asked on 11/22/05, 12:18 am

1 Answer from Attorneys
Zedrick Braden III Ainsworth & Associates PC

Re: ''receipt or acknowledgement of payment''

I suggests you contact the Illinois Department

of Financial Institutions and explain to that

department in writing the problems that you are

having with the bank.

Read more
Answered on 11/22/05, 12:23 am


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