i owed my credit union monies' on a delinquent truck loan, the account was frozen, since it was attached to my truck payments, therefore i expected my, as well as my two sons' checks to be delivered in the mail, but my credit union ok'd the deposit in oct. 2006, and kept all three dividends.I found out just this morning and went to then branch closeset to me where the branch manager told me they excersized their right to collect, clearly seeing that two of the checks were not mine, but myu two sons' can they do this or does anyone no if i can get their money back?
2006-11-22 15:39:21 · 6 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
There are some possibilities that would allow them to do this.
If the account from which the money was taken was in your control, then yes. That means if YOU had the right to take the money out without consulting them, then it was as much your money as it would have been without them on the account.
You have to distinguish between the checks and the account. As checks, they were probably the sole property of the individual, but if they were placed into an account that had your name on it, it became yours.
I doubt they would have taken it otherwise.
2006-11-22 15:44:19 · answer #1 · answered by open4one 7 · 1⤊ 0⤋
Can't make sense of what you are tring to say!
If the bank kept money that was not attached by an agreement in writing it is theft! If the truck had a legal lien on it they could collect any money at it's sale!
But I really don't get what you are asking!
2006-11-22 15:47:16 · answer #2 · answered by cantcu 7 · 0⤊ 0⤋
i'm hoping you're joking too. you have now not heard of the Nigerian scam? you purely won't be in a position to have faith any exams coming in from Nigeria as respected, surprisingly whilst you're meant to make money off them. the extra severe information is your monetary employer will in all probability now not refund you the funds because of the fact fell for such an obtrusive scam.
2016-12-17 14:49:07 · answer #3 · answered by rickert 4 · 0⤊ 0⤋
I would ask an attorney. If the money is strictly for the minor, I am not sure how they can legally attach it. I would also check with the individual issuing your son's checks - they may step in and correct it.
2006-11-22 15:48:27 · answer #4 · answered by D 4 · 0⤊ 0⤋
When the money hit the account, it belonged to you, not them. You may have a moral or legal reponsibility with regard to their money, but the credit union doesn't. At least your truck got paid up.
2006-11-22 15:46:25 · answer #5 · answered by normobrian 6 · 1⤊ 0⤋
If your social security number is anywhere near the accounts, then yes, they can.
2006-11-22 15:41:25 · answer #6 · answered by Anonymous · 1⤊ 0⤋