Legal Tender FRN Refused For Payment Of Debt By Bank America

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Author	Replies: 7 / Views: 1,804
biggfredd Rest in Peace United States 9104 Posts	Posted 02/24/2012 6:58 pm Legal tender now officially worthless. Stock up on PM, while someone still accepts them. http://likeorfail.com/Wow-bank-refu...ash_420.html Report this Post to the Staff

everything Valued Member United States 493 Posts	Posted 02/24/2012 7:07 pm Here is the rest of the story, but when your 10 months behind on your mortgage they don't take payment at the branch level anymore. http://www.reddit.com/r/videos/comm..._to_pay_his/ Report this Post to the Staff
mitchhailey Pillar of the Community United States 1150 Posts	Posted 02/25/2012 04:03 am I hate BOA as much as the next guy, but this dude was just being a drama queen. Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 02/25/2012 12:23 pm When I heard about this I figured it had to do with being very delinquent. Not that the whole thing with this isn't terrible just policy I guess. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 02/25/2012 6:56 pm BofA? Aren't they the ones who are charging their customers who want to deposit large sums of cash? If this isn't the perfect reason for dumping the banksters and joining a local CU, I don't know what is. I did this about 35 years ago and haven't looked back. It has worked splendidly. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 03/04/2012 11:57 pm So all the head bankster had to say (instead of "turn off the camera", which indicates he has something to hide) was "I'm sorry, we are not allowed to accept cash payments on delinquent accounts". Which is still BS. It's a debt, they have to take legal tender if they can accept his payment at all. They can transfer it however they like from that point. Report this Post to the Staff
angel2004 Pillar of the Community United States 2168 Posts	Posted 03/05/2012 10:19 am Yes I agree. On the FL No cash accepted! If no sunpass they will bill license plate! Plus a fee in addition to toll! How is that legal? Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 03/05/2012 8:57 pm Quote: Which is still BS. It's a debt, they have to take legal tender if they can accept his payment at all. I agree, Fredd. I would have been tempted to hold up one of those FRNs and asked him what part of "legal tender for all debts public and private" are you not understanding? Report this Post to the Staff
	Replies: 7 / Views: 1,804

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