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Can a credit card company authorize your bank to put a freeze on your money?
Wiki User
∙ 2006-05-19 01:09:32
No, but if a creditor decides to sue the debtor, the legal counsel can request that the court have a bank account "frozen" until the case is heard or until a ruling is made on the ownership and/or exemption status of the funds in the account. ----------------------------------------------------------------------------------- Only a Judge can do this. Y-THINK-Y
Wiki User
∙ 2006-05-19 01:09:32
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You gave a company your credit card as proof of id and they took money without permission?
My guess is that company was a collection agency? Never give anyone your bank info, or credit card info. If the company was a legitimate company you were doing business with and you did not authorize payment dispute the charge with your credit card company.
Can a credit card company freeze your bank account?
A credit card company cannot freeze your bank account. However, it can sue you in court for any overdue balance. If the credit card company is successful, the court will issue a judgment lien that the creditor can use to freeze your bank account and seize any money you have on deposit. In fact, the judgment lien can be used to seize any assets you own to satisfy the lien.
What was the first colony to authorize paper money?
The Massachusetts Bay Colony in 1690, they were called "Bills of Credit".
What does a company need to do to borrow money?
Capital or credit.
Proposed laws to authorize spending money are called?
Proposed laws to authorize spending money are called appropriations bills.
What was the main purpose of the company as Credit Mobilier?
To make money.
Where can one apply for an Egg money credit card?
One can no longer apply for an Egg money credit card. The company was sold to Barclaycard in early 2011. One can apply for a Barclaycard credit card at the company website.
What branch can borrow money?
The Legislative Branch is the only part of the government that can authorize the borrowing of money. The Executive Branch can request the money be borrowed but cannot authorize it.
I am a corporate secretary and the company that i work gave me a credit card and told me i can use it now they want their money back?
Credit cards borrow money, so if you've used the card, then you owe the company that money back.
What is an annual credit card fee?
Its a fee the credit card company charges you yearly for using their money
Which credit reporting company does GE money bank use for credit evaluations?
They pulled only from Equifax for me.
What was the main purpose of the company known as credit mobilier?
To make money.
