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Can Chase Morgan take money directly out of my bank account because of debt situation
Tampa, FL
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Posted 20 days ago in Debt Collection
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I owe money to J P Morgan Chase and they have just taken all my money out of my checking account. Is this legal?
Answers (1)
Shawn B Alexander
This attorney is licensed in Washington.
Posted 20 days ago.
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Most loans have an offset clause , that means if you owe chase and you bank there they can call the loan due and deduct for your account, however if it was at another bank they need a judgement and court order.
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