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If it was a normal default, then they couldn't/wouldn't... but if there are criminal circumstances surrounding the loan, for instance if the bank finds out the loan was given based on lies by the person applying for the loan, or the money was used in a criminal endeavor, then of course they can file a criminal complaint.
What else can I help you with?
Default on business line of credit?
If you have been sued by a bank for default on a business line of credit would like to know more about your situation and how you resolved it specifically if you won the case would like to know how you did it
What is the meaning of DLC in banking business and What is the difference in between LC and DLC?
Can the issuing bank be held responsible for the dlc if their client default
How do you find an email address to send a complaint to Bank of America Home Loans?
If you have a complaint, you must write an actual letter and send it by mail.
Can a payday loan company press criminal charges against you if you did not close your bank account?
No, only a prosecutor of the court may bring a criminal case against anyone. Criminal charges are brought as a result of illegal behavior, not defaulting on a loan. If the default, however, is subsequently believed to be related to fraud, criminal charges may be brought by a prosecutor. A payday loan company will use EFT to debit your bank account for the amount that is owed on the loan. When they cannot debit the account, they will try multiple times over subsequent days, then they will begin collection processes.
Does a business credit card help your credit?
A business credit card will not (in 90% of the times) help your credit. It does not even show up on your personal credit unless it goes bad(you default). All you will see is the inquiry from the bank when applying.. learn more at www.mybusinesscreditblog.com
Default on business line of credit?
If you have been sued by a bank for default on a business line of credit would like to know more about your situation and how you resolved it specifically if you won the case would like to know how you did it
What is the biggest international scandal linked to criminal bank business?
Probably the BCCI scandal.
Is bank plus a trustworthy company?
"The Better Business Bureau has given Bank Plus an A+ rating. In the past three years, only one complaint has been reported to the Better Business Bureau and it has since been resolved. Bank Plus is an FDIC insured bank."
Where you can lodge complaint against bank recovery agents in karachi - pakistan?
yes you can lodged the complaint to the State Bank of Pakistan against the any bank and if there is any complaint against the illegal harassment by the bank recovery agents then the complaint be lodged in the proper court of Law or any competent Police officer.
What is the meaning of DLC in banking business and What is the difference in between LC and DLC?
Can the issuing bank be held responsible for the dlc if their client default
Is deposit acredit or debit?
If it is customer deposits then it is liability of business to be paid then its balance is credit but if it is deposit with other companies or in bank then it is asset of business and default balance is debit balance.
Can you help me with a complaint concern HSBC UK?
If you have a complaint against a bank in the UK - you should either write to the bank's UK head office, or the banking ombudsman.
Can you file a complaint if the bank wont give you a modification?
poopy78
Can banks check criminal records?
Every employer can and should.Added: If you are speaking of opening an account or conducting business with the bank, no. Only if you are a pospective employee will they bother to check your criminal history.Corrected: Criminal convictions are public records. BAnks can check them for any purpose.
Can a co-signer ask the bank to repossess the property covered by the loan?
No. Repossessions are costly. The bank will simply require the co-signer to pay the loan if the primary borrower is in default. If there is a default it will be reported on the credit records of both persons.No. Repossessions are costly. The bank will simply require the co-signer to pay the loan if the primary borrower is in default. If there is a default it will be reported on the credit records of both persons.No. Repossessions are costly. The bank will simply require the co-signer to pay the loan if the primary borrower is in default. If there is a default it will be reported on the credit records of both persons.No. Repossessions are costly. The bank will simply require the co-signer to pay the loan if the primary borrower is in default. If there is a default it will be reported on the credit records of both persons.
Can you press criminal charges against the majority owner in an S-corporation for taking money from the business bank account for personal use?
Yes, the business activities must remain separate from personal activities.
What is bank holdup?
A bank holdup is when a criminal attempts to rob a bank. It is sometimes called a 'bank holdup' because the criminal is preventing the bank employees from preforming their normal duties, in an attempt to steal money, thus holding the bank up.
