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What happens if I got a cash advance from the Met Bank and they closed my account?
Wiki User
∙ 13y ago
Metropolitan Bank (or any bank, really) will not cancel a loan unless (1) you successfully are discharged from a Chapter 7 bankruptcy or (2) you defaulted and the bank decided to write it off after collection efforts.
If your account was cancelled and you still have a loan outstanding, you are still responsible for making payments on that loan.
Wiki User
∙ 13y ago
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What happens if the bank closes your acct down can you go to jail for that?
It depends on why the bank closed your account.No If:The bank closed your account because you did not use the account for the past few months orThe bank closed your account because you did not maintain minimum balance requirements orYes If:a. The bank closed your account because the account was involved in suspicious activities like money launderingb. The bank closed your account because links to known terrorists or drug dealers were found from your bank accountc. The bank closed your account because you issued checks to people without maintaining sufficient balance in your bank account
My current bank account was closed and someone has been depositing money to it can the bank use this money for an outstanding loan?
my bank closed my account can i reopen the same account again
How do you get a credit card cash advance?
Take it to the BANK YOU have an account at
Have no bank account need loan?
Its just closed for overdraft
Can a person close a bank savings account not in their name?
A bank account can be closed only by the individual who holds the account. He/she needs to visit the bank and sign the account closure form in order to close their bank account. No one else can do that. But, if the account holder has given the legal power of attorney to another individual, he can act as a proxy for the customer and close their bank account.
What happens when the bank closes your account?
if bank closes yr account,it gets closed,or dead.
What happens if the bank closes your acct down can you go to jail for that?
It depends on why the bank closed your account.No If:The bank closed your account because you did not use the account for the past few months orThe bank closed your account because you did not maintain minimum balance requirements orYes If:a. The bank closed your account because the account was involved in suspicious activities like money launderingb. The bank closed your account because links to known terrorists or drug dealers were found from your bank accountc. The bank closed your account because you issued checks to people without maintaining sufficient balance in your bank account
What happens to the money if you close an account and forgot there was money in there?
Actually such a scenario wouldn't occur. When a bank account is closed, the bank would release all the funds held in that account to the account holder on the same day the account is closed. Even if they can't do it immediately, they would have sent a check to the customer by post/mail. Banks cannot hold on to the funds of a bank account that was closed. It is mandatory for them to return the funds to the customer once his account is closed.
How can you access bank account if closed?
You cannot access a closed bank account. Only the bank and the law enforcement authorities of a country have access to closed bank accounts.
Can you deposit a personal check into a bank account that is closed?
No, the account is closed.
Can you reopen a bank account that's been closed?
No. Once a bank account is closed, the account number remains unused by the bank for seven or more years (it varies by individual bank). You may reopen a new account with the same bank, provided the first account was not closed by the bank for improprieties perpetrated by you.
What happens if I write a check from a joint account and find out my husband closed the account?
If the mode of operation of the account is jointly by you and your husband in this case he can not closed the account. If the mode of operation is either or survivor, in this case your husband can close this account and you can not claim anything from bank.
My current bank account was closed and someone has been depositing money to it can the bank use this money for an outstanding loan?
my bank closed my account can i reopen the same account again
Close a bank account that is frozen?
If a bank account is frozen, it can be closed by visiting the bank. A person can also close their bank account by calling the bank and speaking with a representative.
Bank charged you for over draft protection on a closed account?
This bank account at TCF bank had been closed for over six months.Now we are being charged for over draft protection.It looks like a annual fee thay are charging on a closed account.How can a bank charge on a closed account and then charge for insufficient funds.
Can you look at cheques from a closed bank account?
Oh Yes. You can always look at the Cheques from a closed bank account. But, if you try to use them - then it becomes a crime. Issuing/using Cheques from a closed bank account is a criminal offence and you can be fined and/or jailed for doing so.
What happens when the bank sends your closed account check to the wrong address and someone else cashes it?
That person that cashed it can be charged for fraud. You must contact the bank concerning this.
