I was a victim of a mail scam and i have a debt/overdraft of almost $3500 dollars in my checking account, what do you think they will do to me? I am a student and i do not have any source of repayment at this moment. I think i am in big trouble but please be specific with me, what do you suggest that i do? what are they probably going to do?
2006-09-13 16:31:27 · 10 answers · asked by wale o 1 in Business & Finance ➔ Personal Finance
It was from an email to a mail scam which was very bitter. I am very devastated that i can't even focus on my school chores. I had wired the money when the check sent to me bounced. Please provide a very helpful advice.
2006-09-13 16:45:02 · update #1
If it was a mail scam contact bank of america and try to resolve the issue with them. You may have a hard time claiming fraud now because of you overdraft status. Most likely they will set you up on a payment plan though collects, if you wait to long they will sell it to an outside company for collection. try not to get to that point it will damage your credit score really bad. If they get hostile or yell, remember you are on a phone and you can alway hang up and call back. Just explain everything in exact details. Never say i dont know. give a reason for every question they ask you and be confident. Things will work out, they alway do. just remember your finals, no stress after they are over.
Good luck
2006-09-13 16:52:02 · answer #1 · answered by tcarrw 3 · 0⤊ 0⤋
nicely may well be multiple issues. you won't have overdraft fees in any respect. you're finding at your obtainable stability as against your basic stability. occasion. Your stability is 20. you have a one hundred verify you place 50 in and get 50 lower back. Your account stability now reads -30. this is because of the fact the stability you're no longer taking money from the verify you're borrowing it against your obtainable stability. Banks try this in case the verify bounces. Then while each and every little thing posts your genuine stability is shown. which you need to be freaking over no longer something. different selection is you're depositing after the enterprise day ends. i think of B of A is 2pm. this implies you have been -20 you put in one hundred and your stability reads eighty. in spite of the incontrovertible fact that the overdraft fee won't submit until eventually night. So your stability is quite greater like 50 and not eighty. those are all issues you could desire to soak up attention. different than that devoid of seeing your statements/transaction heritage i could no longer permit you be responsive to what is going on.
2016-12-15 07:47:38 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Are you a victim? Or did you make a bad choice and spend money on a scam?
If someone stole from you and you are a victim then you need to call the bank and tell them what happened. Also, call the police and have a police report made. The bank might be able to wave the damages/loss.
If you made a bad choice and fell into a scam, then you just learned a very valuable lesson. Talk to the bank as see if you can set up a payment plan with them. They might be able to work with you.... But always remember, nothing comes for free and if it sounds too good to be true then is most likely is to good to be true...
Good luck...
2006-09-13 16:38:57 · answer #3 · answered by Couple of Cents 5 · 0⤊ 2⤋
#1 - File a police report so that your fraud is documented.
#2 - take the police report and contact Bank of America, notifying them of the mail scam.
#3 - Depending on what happened, your loss should be limited to $50. Since I don't know the details, there may be something in your case that is different but this is generally the rule.
2006-09-13 16:34:13 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Well, you can arrange a payment plan with them. Explain the situation to them and tell them that you can only afford VERY LITTLE monthly payments. As long as you are paying them SOMETHING and making an attempt, no matter how small, they really can't do anything about it. But, if you decide not to pay at all, they can put it on your credit report and take you to court and possibly garnish your wages. Could turn very ugly. Good luck
2006-09-13 16:34:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋
The overdraft only applies when you have money in your savings account. No money, no protection. Checks will bounce all over the planet.
2006-09-13 16:33:02 · answer #6 · answered by all1g8r 4 · 0⤊ 0⤋
Call the bank maybe they have an ID theft protection plan included for your debit card and checking account.
2006-09-13 16:34:29 · answer #7 · answered by Forza Catracha 2 · 0⤊ 0⤋
Inform the police and make a report, give the report to the bank.
2006-09-13 16:34:09 · answer #8 · answered by Diamond in the Rough 6 · 0⤊ 0⤋
obviously you werent a victim of a mail scam because you know that money was taken, but you not doing anything about it. your asking stupid questions. as soon as you see something happen, report it to the bank.
2006-09-13 16:33:40 · answer #9 · answered by Anonymous · 0⤊ 3⤋
That happened to someone I know, she's totally responsible for the money, you should get a lawyer ASAP, you may still be able to get out of it.
2006-09-13 16:34:12 · answer #10 · answered by moquin747 2 · 0⤊ 0⤋