My bank account is currently at a negative balance because of all these NSF and overdraft fees.?

Question

I have all these fee's that caused my account to go bad. The bank said I have only 30 days to pay I made a deposit for half of the amount but would not have enough by the 19th when they say that all my accounts with them would be closed. How would I pay for all of these NSF and overdraft fee's once accounts are closed. Do you think if I called the 1800 number I could get a extened time so that my accounts would remain open?

Answer 1

Usually banks are pretty understanding if you are working with them about it. Most banks will even remove an NSF fee or two, since they dont HAVE to charge them. You should simply ask "is it possible for me to get one or a few of these removed?" and make it clear that you are really trying to pay them.
I have never heard of a bank only giving you 30 days or they will close your accounts. They are jerks. Just make it clear that you want to do all you can to take care of the situation, and promise it will never happen again. Most banks like to hear "this was a one-time thing". Hopefully they will work with you!
Personally I usually get NSF fees removed from the bank, but they still make me pay at least one of them.

Answer 2

Best to talk with with someone in person @ the bank. Some banks will waive the multiple domino overdraft effect. Some will pay and charge you to keep this from happening, depending on your previous account history, amount of overdraft, and bank policy.

Answer 3

Talk to someone in person. Set up a payment schedule and stick to it. In other words, walk in and give them the $10 or $20 a week (whatever) to get it paid down.