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Checking account, what to do

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    Checking account, what to do

    Quick story; still have an open checking account (old business account) at bank where I have a cc. Already closed my other accounts with them. Left it open with enough money to cover 2 sets of fees that were due out of it. First missed cc payment was last week. Attorney has my paperwork and hope to file by end of month. Should be about $30 in it, have no earthly idea if this bank has cross collateralization policy.

    One thing that may cause me some angst is that I have banked there (business and personal) for well over 20 years. I would be absolutly embarrased as all get out to have to face any of them at this point (I know I should'nt be but I would be). They are about 2 tenths of a mile up the street from my store.

    Any downside to just letting that account ride?
    The future is unwritten. J.S.

    #2
    It's not their policy that counts, but what do your documents say that you signed when your accounts were opened that count. If you did not agree to offsets their policy does not matter.
    Good luck.
    emoney

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