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Should I obtain a protection attorney due to chase bank closing my account with out notice?
Anonymous3 views4 answers
The morning of Friday the 13th (pay day), I check my chase banking account (thru the phone app) to see if the funds arrived. Login said error, then said something about using a home computer or other device to login or call them at the # shown. I tried a little later thru the same phone but on their website. I was able to login but no banking information was shown, just the same pop up as before. So I called the number and spoke to a person after navigating my way thru pre-programmed garbage. The person said my account had been closed. I ask who and why, but the person could say. So I was then transferred to a specialist. The specialist said the bank closed the account. I asked why, the specialist could not tell me why. I asked about my funds, the specialist said they would be mailed. Being blank, I disconnected the conversation. I shortly after went down to a local branch to find out what's going on and to collect my money because I had move from my previous address for employment somewhere else. Went thru the same run around with two people and neither could answer why I wasn't notified (since I was paper list), or tell me why the bank closed my account, or produce my saving.
Having been a commercial bank operations officer before becoming a lawyer, and after helping clients resolve very similar issues for more than 40 years, I am prepared to tell you that:
1. There is a good legal reason why Chase Bank has closed your account.
2. Chase Bank WILL return any money that belongs to you;
3. But only after they have investigated this incident and recovered whatever money they must have lost before closing your account.
4. There is a 98% probability that the reason Chase closed your account has something to do with a recent deposit you (or someone else) made to your account--a recent deposit that had to be reversed because the other bank refused to honor the check you deposited.
5. If the amount you are concerned about is substantial, you could hire an experienced banking lawyer to find out what happened--and perhaps help you get all your money back.
As advised, the bank may close your account for any reason it deems appropriate as long as the reason is not discriminatory. If you don't receive a check for the balance within a week, return to the bank and demand to speak with an supervisor. Banks do not close accounts for no reason so I suspect you have an idea why the account was closed such as too many over-drafts, suspicious activity on the account, an IRS lien, etc. If you do not receive a check for the balance or an explanation from the bank, you could hire an experienced banking attorney to force disclosure of the reason and return of your funds.
I moved your question to general practice. I don't know what a protection attorney is. Chase can close your account at any time it decides, for whatever reason, to no longer do business with you. However, banks don't simply close accounts willy-nilly. If you feel the need to retain an attorney, you are free to do so.
Mark Theodore TischhauserLitigation LawyerTampa, FL ·
This is likely going to addressed as some improper activity on the account or a fraud issue. You may have to work your way to the loss mitigation or fraud section to find out why they closed your account.
