US BANK is stating that I personally owe the money on my LLC bank account after it was charged off and closed. The business is no longer in business. They are denying me of any form of credit, savings, and checking accounts personally. They state that I was a “co-owner” on the account, not a signor. They said in their terms and conditions it says that all signers are liable for any debts on the checking account. Is this legal? If I was a co-owner on the account, shouldn’t it have been a joint account application? I’m confused on what they are trying to say because I was only supposed to be a signor and they are saying that I was a “co-owner” which doesn’t make sense. I was only a signor. Thank you in advance.
I am changing your practice area to Banking Law in hopes you get some good answers from lawyers in that field.
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