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It is an outstanding unpaid bill that a company has claimed a lien on your account to pay for. It may be a car repossession that has never been paid off and all other contact has been ignored and/or the payment criteria has not been met.

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Q: What is a legal order payment and bank fee?
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Is it legal for bank to charge fee when a legal order is processed?

Yes.


Is is normal for a bank to charge two legal order fees on one legal order?

Generally banks don't charge such fee twice on same legal order , however if it has happened , than you can contest this and get your fee back , banks charge fee usually to offset the cost incurred in processing such requests from different government agencies. Such legal orders usually come in the form of IRS levies and state levies in USA.


What does legal order - bank fee mean from Wells Fargo?

A legal order fee, usually, $100, is for the banks response and action at receiving a legal order document where they are asked to garnish, levy, or a place a writ against your account. The bank is responsible for accepting full responsibility for the document and held to it's directions or the bank itself becomes a co-defendent and is considered in contempt which means fees for them and worse. So the bank passes the fee onto the customer who's account is being affected. It stinks and it may be a little high but people do not realize what is involved and since they don't understand they feel the bank is "stealing " from them. It is ALWAYS printed in your disclosure statements and the fee is charged by most banks and credit unions.


Can you stop payment on a check if its going to over draw your account?

Yes, you can do a stop payment. However, the bank where you issue the stop payment will charge a fee for doing so. Plus, the person to whom you gave the check can sue you for non-payment of money and file a legal complaint against you to the police. This can cause you to be arrested.


What is originating fee?

An origination fee is a payment associated with the establishment of a new loan. This fee is paid to the bank (or perhaps the broker) that provides the loan or services associated with taking out a loan.


What is an origination fee?

An origination fee is a payment associated with the establishment of a new loan. This fee is paid to the bank (or perhaps the broker) that provides the loan or services associated with taking out a loan.


What is a contigency fee?

A contingency fee is the payment that a lawyer will receive from a client if he wins their case. If the case is lost then no fee is paid to the lawyer.


What is a Minimum balance fee?

A Minimum Balance Fee is a payment made to your bank for not having enough money in your savings account, checkings account, ETC.


How do you stop a payment on a check?

Call you bank. There's usually a fee for this though. If you have internet banking usually you can do it there too.


How do you stop payment on a check and reissue it?

Call the bank. Have the check number, who it was issued to, and date written. They will charge a fee to do this.


What does it mean if your billing statement with Charter says payment processing?

You may be charged a Phone Processing Fee if you do not pay your bill in full. If your payment is rejected by your bank because of non-sufficient funds, you may be charged a processing fee.


What is money order-?

A money order is a payment of a pre-scheduled amount of money that you can send to someone or receive. You can go to a store or a bank. The money order must be paid in full at the time of purchase. You can also use this by US mail if you don't want to write out or pay with a personal check.