0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Can you go to jail for bank overdraft?
It depends. You cannot be jailed for just availing the bank overdraft facility. But if you fail to pay back the money you owe the bank that you utilized by means of the overdraft option, then the bank can initiate a legal proceeding against you and you may be jailed if you fail to pay the money.
What are the consequences for stealing money from bank account it is first offense?
go to jail
If you owe insufficient funds to one bank can they garnish fund from another bank?
only if you have owed that bank for a long period of time then yes they can but if u just recently owed the bank money then no. also if you have insufficient funds with a bank and you go open another account with a different bank then your old bank will see and get the money from the account you just recently opened to pay off what you owe with them.
Can you go to jail for overdrafting?
Overdrafting in itself is not a crime. It's only you failing to stick to what you agreed with the bank. For this - not doing as agreed, they will charge you extra. Then that's the end of that. What is a crime though is not to pay what you owe. Thing is, you're even less likely to pay what you owe if you're in prison. Harder to make any money there. So a bank will try a lot of things to get their money back first, before trying to send you to jail. They'll only go for the jail option when it's obvious that you won't/can't pay. And what you get sent down for isn't the overdraft as such, it's that you've not payed it. It would be exactly the same as any other debt where you haven't kept up with the payments.
Giving false information or details to a bank what will happen?
go to jail go to jail
Can you go to jail if you owe a bank for a car?
in nc, can you go to jail if you owe a bank for a car?
You owe bank of America about 500 dollars will you go too jail?
If you don't pay it you can
Can you go to jail for bank overdraft?
It depends. You cannot be jailed for just availing the bank overdraft facility. But if you fail to pay back the money you owe the bank that you utilized by means of the overdraft option, then the bank can initiate a legal proceeding against you and you may be jailed if you fail to pay the money.
Can you get in trouble for selling a car to private party that you still owe money on?
I recently sold my dirt bike to someone and I still owe on the loan. Can I go to jail?
What are the consequences for stealing money from bank account it is first offense?
go to jail
can you go to jail for giving a note to a bank teller demanding money?
Yes, it's called "bank robbery".
If you owe insufficient funds to one bank can they garnish fund from another bank?
only if you have owed that bank for a long period of time then yes they can but if u just recently owed the bank money then no. also if you have insufficient funds with a bank and you go open another account with a different bank then your old bank will see and get the money from the account you just recently opened to pay off what you owe with them.
Can You be Garnished if you do not work and if you don't work and have no income can you go to jail because if it This is for Indiana?
You cannot be garnished if you do not work, but it does not change the fact that you owe 'someone' money. If you owe the IRS money and simply ignore them you can most certainly go to jail. If you owe an individual or business money I doubt they would waste the money on a lawyer to get money you do not have. Once you got a job again you could begin getting garnished, and if you receive any sort of financial support from the gov't, ex. Welfare, Social security, I'm sure that would be affected.
If you're selling your car to another person but you still owe money on it and the bank is holding the pink slip what steps do you need to take?
The buyer has to go to the bank with you, write the check to the bank and you and the bank will give them the title and give you the remaining money.
Can you go to jail for overdrafting?
Overdrafting in itself is not a crime. It's only you failing to stick to what you agreed with the bank. For this - not doing as agreed, they will charge you extra. Then that's the end of that. What is a crime though is not to pay what you owe. Thing is, you're even less likely to pay what you owe if you're in prison. Harder to make any money there. So a bank will try a lot of things to get their money back first, before trying to send you to jail. They'll only go for the jail option when it's obvious that you won't/can't pay. And what you get sent down for isn't the overdraft as such, it's that you've not payed it. It would be exactly the same as any other debt where you haven't kept up with the payments.
If someone is convicted of a crime for obtaining property by false pretense and go to jail will they have to pay back the money the owe when released or does time served count for what the owe?
The individual will still be responsible for paying back the money they owe even after serving time in jail. Time served does not fulfill their obligation to repay the victim for the property obtained by false pretense. They may be required to pay restitution as part of their sentence.
Giving false information or details to a bank what will happen?
go to jail go to jail
