Go to navigation Go to content
Toll-Free: 1-800-74-TRIAL
Phone: (561) 655-3925

When does a creditor/debtor relationship between a bank and a borrower become a fiduciary relationship?

 

A:

A fiduciary relationship may exist between a bank and its customers, where a financial institution becomes involved in a transaction with a customer with whom it has established a relationship of trust and confidence. Additionally, if it is a transaction from which the bank is likely to benefit at the customer's expense, the bank may be found to have assumed a fiduciary duty to disclose facts material to the transaction.




 All material contained in this site is for informational purposes only and is not meant to take the place of a licensed lawyer. Attempting to use this material to help yourself may result in irreparable harm to your case. Please consult a License Florida lawyer for help. Examples including case law, rules of procedure and satutory law are for demonstrative purposes and may not be Florida Specific. No attorney client relationship is formed unless we accept your case and you sign a contract.
Call 1-800-74-TRIAL
 


Florida Child Injury Lawyer