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Bankruptcy Law

New Overdraft Banking Fee Regulations Now in Effect

Bankruptcy Law The major changes that have been mandated by the Federal Reserve went into effect yesterday. Now, if you overdraft on your checking account, you can only be charged if you have given the bank permission. If not, they will refuse the transaction. ABC News recently did a story about the changes. You can view the story here.

What do you think about these new changes? Let us know on our Facebook page or on Twitter. You can also contact us online or call The Law Offices of Jacoby & Jacoby at 631-289-4600 to schedule a FREE consultation so we can assist you with your legal needs.
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