Banks - Questions & Answers

No, you would not necessarily need to open another account at Bank of America if you move from Florida to Massachusetts. Bank of America is a nationwide bank, and they have branches and services available in both states. You should be able to access your existing account regardless of your location. However, it is always a good idea to update your account information with your new address when you move to ensure that you continue to receive important correspondence and account statements....Read More

I'm not a lawyer, but I can try to offer some general guidance on this matter. It appears that you have been making monthly payments to a company called MEPCO for car repairs, but you're now claiming that they have scammed you. Here are a few steps you may want to consider:

1. Review the terms of the agreement: Examine any contracts or agreements you have with MEPCO and Ox car care. Look for any clauses regarding payment terms, cancellation policies, or dispute resolution procedures. This information can help you understand your rights and obligations.

2. Contact the company: Reach out to MEPCO and Ox car care, explain the situation, and request an explanation for the continued deductions from your bank account. Ask for proof of services provided or any evidence they have regarding the repairs claimed.

3. Gather evidence: Collect any documentation related to the car repairs, payments made, and communication with the company. Records such as receipts, bank statements, emails, and any written communications will be valuable in supporting your case.

4. Dispute the payments: If the company fails to respond or resolve the issue, consider contacting your bank and initiating a dispute. Provide them with all the evidence you have collected and explain that you believe you have been scammed. They may be able to assist you in recovering the funds.

5. Consult a lawyer: If the above steps do not result in a resolution, it may be prudent to consult with an attorney who specializes in consumer law. They can provide legal advice specific to your situation, assess the strength of your case, and guide you through any legal actions that may be necessary.

Remember, it's important to consult with a qualified attorney who can provide personalized advice tailored to your circumstances. They will be able to offer guidance based on the specific laws and regulations of your jurisdiction.

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Yes, there is typically a charge for purchasing a money order. The fee can vary depending on the place you get it from, such as banks, post offices, or retail stores. The cost can range from a few cents to a few dollars, depending on the provider....Read More

Whether or not you can cash an old check depends on several factors, such as the policies of the bank or financial institution where the check was issued, the specific terms and expiration date mentioned on the check, and the current date. Generally, banks have their own policies regarding the acceptance of old checks, and some may not honor checks that are older than a certain period, typically six months to a year. However, it ultimately depends on the specific circumstances and the bank's discretion, so it is recommended to contact the bank or financial institution that issued the check to inquire about their policies in order to determine if you can cash the old check or if you need to request a new one....Read More

Considering that Colonial Bank was closed and placed into receivership in 2009, it is unlikely that you would be able to cash an old check from that bank. Furthermore, banks typically have various rules regarding the expiration of stale-dated checks, usually ranging from 6 months to 5 years. It would be best to contact your local bank or financial institution to inquire about their policies regarding cashing old checks and whether they would accept a check from a bank that no longer exists....Read More