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Bank Account Default

Submitted by on Sun, 08/16/2009 - 10:26
Posts: 202330
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I had a bank account that i had closed and I opened up a new one at a different bank, but I still owe the first bank about $600. I need to pay them by the 24th or it'll go to default. Something came up and I need to use that $600 to pay off a legal fee that is much more important. What'll happen if it goes into default and what can I expect?