#20
Wed, May 22, 2002
When a company makes unauthorized debits to your bank account, you should do the following immediately ... #1.) Report the unuathorized activity to a bank official, and demand that they return the funds to your account immediately. I believe that according to NACHA regulations, banks are required to return money to customer bank accounts when unauthorized activity is reported within 60 days. You will probably only need to sign an affidavit. #2.) Close your current bank account immediately, and open a new one. Many times, once a fraudulent company has your account number, the unauthorized debits will continue indefinitely. These companies often find clever ways to get around the stop-ach, so changing account numbers is by far the best way to protect oneself. M. Steven Papi Consumer Advocate/Investigative Reporter BADbusinessbureau.com [email protected] 1-610-513-1077 (2pm-12m et)