Loker Law

How Does the Electronic Funds Transfer Act Work in CA?

Schedule Your Free Consultation
banking

An unauthorized bank transfer and other unauthorized bank transactions can have extreme financial effects on a person, and if your bank has declined to supply you with credit and reimburse you for your losses, you may need to turn to a legal professional. Continue reading and give our firm a call to examine the details of your case and how our legal team can best assist you. Our California unauthorized bank transfer lawyer is on your side.

What is the Electronic Funds Transfer Act?

If you report fraudulent activity to the appropriate financial establishment, like your bank, which is controlled by the Electronic Funds Transfer Act, and your bank fails to provide you with the compensation that you are entitled to after facing financial defeat, you should think about speaking with a California unauthorized bank transfers lawyer as soon as you can. If we can establish that the financial institution in question has violated the Electronic Funds Transfer Act, our legal team may be able to pursue statutory damages and actual damages on your behalf. You should also keep in mind that, if we win your claim, attorney’s fees will also be protected. If you are in this unfortunate situation, do not hesitate to give our firm a call today to examine the facts of your case and the best answer for you. Our legal team is on your side no matter what you are facing. We look forward to hearing from you.

What steps should I take once I catch an unauthorized bank transfer in California?

It is important to keep in mind that the moment you find an unauthorized bank transfer, or any other unauthorized bank transaction (for instance, being charged twice for the same purchase or having your online account hacked), it is in your best interest to speak with your bank and notify them of the issue. In most instances, when you do this, the bank will refund you for any funds lost as a result of the unauthorized activity. If you believe that your account is at risk of further hacking or fraudulent activity, you may want to freeze your account for a specific amount of time.

If you have questions or concerns about this or you have noticed an unauthorized bank transfer, our firm can help you. All you have to do is give us a call to speak with an Arroyo Grande consumer lawyer.

Contact a California Consumer Lawyer

If you are facing any sort of consumer-related issue, such as one involving identity theft, a credit report dispute, or you need a debt collection defense attorney to fight for you, our firm is ready to help. Contact Loker Law, APC today to schedule your initial consultation with our experienced legal team.

Watch Some of Our Latest Videos