Legal Question in Banking Law in Indiana
Should I have to pay on overdfaft fee for someone else's bad check?
I have a friend that wrote a check to me for $15.00 I cashed it at my bank, but a week or so later it came back on to my account with a service fee. The bank deposited her check into my account then applied a $7.00 fee, I became overdrawn because of this so I also had a NSF fee of $28.00. Should I make my friend pay for all of this, and is the bank allowed to do this??
1 Answer from Attorneys
Re: Should I have to pay on overdfaft fee for someone else's bad check?
Did you deposit the check or merely cash it-all banks charge for NSF checks that are deposited but not all charge you if you cash one without depositing it-it depends on the bank-I suspect yours has a written policy for such charges-ask to see it-you can always ask them to waive the fees and charges -if they dont, change banks-trya credit union instead.
Your friend is liable for all charges you incur as a result of her NSF check
Related Questions & Answers
-
Canceling a lease with in 24 hour of signing I just leased an automobile less than 6... Asked 9/30/02, 11:17 pm in United States Indiana Banking Law
-
Can a Bank really do that? My fiance is receiving disability checks.When he got his... Asked 8/05/02, 11:18 am in United States Indiana Banking Law
-
$8,000 Mistake My now ex-boyfriend was having money problems. My parents and I... Asked 7/09/02, 8:51 am in United States Indiana Banking Law
-
Where to subopena I have a Judgment in my favor and now I need to find any... Asked 4/13/02, 4:42 am in United States Indiana Banking Law
-
Hostile Coapplicant Recently I helped out my daughter by signing a loan with her ,... Asked 7/10/01, 6:10 pm in United States Indiana Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
