Have Legal Questions? Ask a Lawyer Now.
Thank you for using JustAnswer.
If they were authorized to take the money out and it resulted in a negative balance on your account, the bank can certainly charge extended overdraft fees, a standard fee banks charge. You are also obligated to get the balance to where it is no longer negative. If you do not, the bank can file a lawsuit against you to collect that amount. The proper thing to do to avoid further legal problems would be to make a deposit to bring the account back to at least zero. At that point you can ask that the account be closed and that further attempts at electronic transactions be blocked.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).