I live in Illinois and had a Joint checking account over 7 years ago. I removed myself from the account and requested it be closed. Apparently the co-owner continued to use the account for several years and left it overdrawn.
Now Some 7 years later I went to open an account with the same bank and they took the money that I opened the account with and immediately closed all access to it. They are claiming an additional $425.00 is owed on the delinquent old account.
Am I responsible for this money? Is there a Statute of limitations for their collection of these funds? Being that it was a joint account should I be able to pay 1/2 and clear my name even though the overdrafts were not mine?

