http://www.timtheoverdraftexpert.com Get Treated Fairly by Your Bank Sun, 20 Jun 2010 15:20:05 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 http://www.timtheoverdraftexpert.com/social-security-not-so-safe-202 http://www.timtheoverdraftexpert.com/social-security-not-so-safe-202#comments Wed, 17 Jun 2009 16:43:13 +0000 admin http://www.timtheoverdraftexpert.com/?p=202 A recent decision by the California Supreme Court has overturned a ruling in the court case Miller v. Bank of America (article can be found here). It was decided that BofA lawfully used money from accounts containing Social Security deposits to recoup overdraft fees charged to the accounts.  What does this mean for bank customers?  In the past, banks have been eager to pass back fees taken out of accounts that receive Social Security deposits.  If the bank was challenged on the fees taken from the account, they would generally yield.  Now this will not be the case.  This case has set precedent and will allow other banks to be bolder in standing their ground to keep fees taken from accounts receiving Social Security deposits.  For other ways to get your overdraft fees refunded, see this page.

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