I have a checking account with a bank and lost my job. I had some outstanding checks and overdraft coverage. How would this situation turn out? How could I work something out with the bank?
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Be candid with the bank about your problem. The bank may be able to provide some assistance by reducing its fees, although it would not be obliged to do so. You will ultimately be required to take care of the balance you owe, but if you are up front with the bank, you are more likely to be able to work out some sort of plan for gradual repayment.
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Be candid with the bank about your problem. The bank may be able to provide some assistance by reducing its 