By FuckedOver - 14/01/2016 14:31 - United States - Houston
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More than likely, the mother will feel as though she's "entitled" to OP's money, and will refuse to pay it back. She already managed to steal from OP, so I doubt she's beyond doing that. Nevertheless, OP should demand his money back and bar access to his account from his mother.
Depending on OP's age and depending on the account titles. If it were a joint account or the mom was a signer (aka agent) on the account, no. But if the mom took the money from OP without being authorized to do so, that is the bank or credit union's liability and therefore the institution will be in trouble just as much as the mother. So, hopefully OP you will now have an account of your own. I stopped having shared accounts with my parents once I turned 16.
Not true. I worked for both banks and credit unions. Every one I worked at required only one authorized signer to withdraw. They are a signer for that reason. Which is why I am saying, IF the mother is an authorized signer, technically nothing can be done (from a legal stand point). But if not, then both the mother and the financial institution are liable. Morally, the mother shouldn't have touched the money. And morally, she should repay it.
My working assumption is that OP is either under 18 or it was an account created when OP was under 18. Both of which are contracts that require a guardian to sign. OP, clean it out and start a new one with only your name on it. Assuming you're 18. If you're not, clean it out and talk to your banks accounts manager about options to keep this from happening in the future.