09-09-2019, 06:37 AM
The law covering UNSOLICITED items delivered via the UPSP was a LEGISLATED solution to a very real abuse. Innocent people had their credit adversely affected through NO fault of their own.
The bank error, however, is an entirely different matter. The recipients knew (or should have known) that said money was NOT theirs and, they should have taken action to remedy what was obviously a mistake. Had they done so and got “blown off” by the bank, that would have resulted in a very different outcome.
The bank error, however, is an entirely different matter. The recipients knew (or should have known) that said money was NOT theirs and, they should have taken action to remedy what was obviously a mistake. Had they done so and got “blown off” by the bank, that would have resulted in a very different outcome.