91–100 of 261 posts
That's a good service to have I needed it and was referred but ten days later still no callback. And there was deadline I had to honour long passed. There was little time between when I needed the lawyer which I can't afford and the deadline. Scumbags know the law so well you are screwed for time trying to fight anyone.
Not sure if you have small claims court in America. In Canada for losses under 10000$ process is fairly straightforward. You should file and follow the process. If they don't give money back, go to the court and execute writ of seizure. One guy did this. http://business.time.com/2011/06/06/homeowner-forecloses-on-...
Small claims court is actually mentioned in the Constitution. However, the actual guarantee in the Constitution is for claims of less than $20. All states also allow you to file for larger amounts, usually something like $5000.
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If this ever happens in the US it really won't matter where your savings are.
In USA, if savings are under your mattress, they are protected by 2nd Amendment...
BofA also launders money for gangs, according to the FBI https://www.wsj.com/news/articles/SB100014240527023032922045... They had to pay $17 billion because of the scale to which they institutionalized mortgage fraud http://nypost.com/2014/08/21/bank-of-america-to-pay-record-1... The other big banks aren't too different... I went with a small, local bank years ago and haven't looked back. Find a Local Bank http://ban…
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I had something like that happen with a closed credit card. I don't know what the mistake was, but I suddenly had a $6,000 statement credit due to a misapplied payment. When I called to tell them, they offered to send me a check! After I declined the misbegotten windfall, they put in a little effort and figured out where it was supposed to go.
In many contries, if they send you a check, even in error, you are allowed to cash it if you choose. I recommend consulting a lawyer, and keeping it in a seperate account for a while before spending. Local laws vary widely, some jurisdicitions will disagree. Consider local and national laws as they may appy. Ianal.
Every story I have ever heard, ended with the bank basically saying "You owe us money. Pay us it back in 3 days or we are going to the police"
Seems not a good plan.
If you know a little bit about legal procedure dealing with something like this shouldn't be too hard. You'd file against your local bank based on the address of the branch you go to for an order to show cause hearing where they are tasked to show up and show cause as to why the transfer of money should go forward. You'd state the basic grounds of mistaken identity, propose a temporary restraining order barring any f…
> If you know a little bit about legal procedure dealing with something like this shouldn't be too hard. Well, responses on here vary from "sue the bank, it's their fault," to "contact/sue the LASD, it's their fault" to "contact the plaintiff's lawyers, they'll fix it" to "contact the defendant's lawyers, they'll pay for it or else." So clearly, this is likely to cost more than a couple afternoons. One day, a sheriff…
As far as I know, the only correct action is to write a letter detailing the entire situation to the Office of the Comptroller of the Currency in Washington DC. I'm surprised no one has mentioned this yet.
Maybe you can elaborate as to why this is the correct course of action? I've never heard of this office.
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In many contries, if they send you a check, even in error, you are allowed to cash it if you choose. I recommend consulting a lawyer, and keeping it in a seperate account for a while before spending. Local laws vary widely, some jurisdicitions will disagree. Consider local and national laws as they may appy. Ianal.
https://www.forbes.com/sites/moneybuilder/2012/05/24/bank-er... Every story I have ever heard, ended with the bank basically saying "You owe us money. Pay us it back in 3 days or we are going to the police" Seems not a good plan.
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In theory: the blog's author would counter argue that BoA didn't perform due diligence in checking that the order mentioned the correct person, and even then, they didn't send the notification on time. The court rules against BoA, and it's up to their lawyers to recoup the money. In practice: BoA pays straight out of their pocket, sends those $3.4K to losses, and shuts this down before the media finds out. And based…
Absolutely correct. This is pocket lint to Bank of America. The big banks operate at an absolutely mammoth scale; BoA has 208k employees. More consequential mistakes than this happen by the thousands every day. There is, quite literally, a budget for it. It is an unfortunate reality for the US that you have to present as a savvy professional, but as soon as BoA is institutionally aware that there is a savvy professio…
I found the fraud hotline number, called, and explained the situation. They were very helpful, and resolved it.
In The Netherlans, but I suspect it is EU wide, they won't check the name at all when doing an ordinary transfer. And this is all banks.