Do I have rights if a credit card payment was applied twice but deducted from my bank account once and now the bank is now threatening to reverse the payment?

My personal bank contacted me today to ask about a payment applied to my corporate charge card technically held by my firm, but under my name. It seems that 8 months ago, the credit card companyreceived 2 payments of the same amount. However, only half was deducted from my personal checking account equating to one of those payments. The bank now wishes to ‘reverse’ one of those payments applied to the card. Do I have any rights to protect in this matter?

Asked on August 20, 2012 under Bankruptcy Law, West Virginia

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

Your rights with respect to the credit card debit that you are writing about depends entirely upon what you are willing to do based upon written consent for the charges that you are being assessed as to your credit card. You can write your bank and state that you do not want the payment reversed and the bank is required to adhere to your wishes.


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