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Bank Of America To Pay $10 Million For Illegal, Out-of-state Garnishments

txwallflower
Established Member

Bank Of America To Pay $10 Million For Illegal, Out-of-state Garnishments

Bank of America has agreed to pay a $10-million civil penalty for processing garnishments against customer bank accounts that violated state laws, the U.S. consumer watchdog said on Wednesday.

 

Everything is in the link below.  Several sources are reporting this.

 

https://www.ibtimes.com/bank-america-pay-10-million-illegal-out-state-garnishments-3494240 

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1 REPLY 1
CreditInspired
Community Leader
Super Contributor

Re: Bank Of America To Pay $10 Million For Illegal, Out-of-state Garnishments

Wow! These banks will do anything to make a buck. 

Thanks for sharing this article. 


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