# This is not how billing law works, and the interpretation being shared here is **incorrect and dangerous**. A bill does **not** have to be a “negative number” to be valid. There is **no requirement in federal law** that a lawful debt statement display a negative symbol or legend in order to be enforceable. That claim does not appear in **12 CFR §1026.13** or **15 U.S.C. §1666(b)**, and courts have never recognized such a rule. What **12 CFR §1026.13** actually does is define *what qualifies as

13 comments | If you have a checking or a savings account, you may receive an envelope in the mail each month with a copy of your bank statement, or you may choose to receive your statements digitally. But what exactly is a bank statement and how do you make sense of it? https://www.acecashexpress.com/blog/money-management/how-to-read-your-bank-statement/ | ACE Cash Express | Facebook