Wells Fargo Uses Right of Setoff to Drain Couple's Bank Account
Sunday, May 9, 2010 - 2:41 PM
If you don't make your loan payments, a bank can take the money from your bank account based on the Right of Setoff (also called Right of Offset). That is what happened to a couple profiled in this Atlanta Journal-Constitution article.
Ken Tumin5,337 posts since Nov 29, 2009 Rep Points: 121,220