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Can credit card accounts be levied?

Updated: 11/10/2020
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9y ago

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No. Levy means to impose a tax or fine on someone. For example: The town has the right to levy fines on anyone who is caught dumping on city property.

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Q: Can credit card accounts be levied?
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Can credit card debt be levied from an personal bank accounts in Texas?

Credit card companies can not do that. To get the money you owe when you have decided not to pay, they must win a judgment first. The court has the ability to force you to pay the money you owe or jail you for contempt. if you have the abilitry to pay what you owe, you should do so.


How are store credit accounts different from bank credit card accounts?

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Can a bank close your credit card if you a behind in your mortgage but up to date on your credit card?

No, they are completely different accounts.


Can personal property be levied when a judgment is placed against you for credit card deliquency?

Answer: If your credit card company obtains a judgment against you they may take any property of value that they can find.


Is it possible to get a bad credit history from being denied a credit card because you did not have a credit history?

It is possible that you will show a low credit score if you have no other loans, credit cards, etc. You have to have revolving accounts or other accounts to establish credit. If you are having trouble getting a credit card you can try and get a secured credit card, or have a co-signer help sign with a application for credit.


How do you get a visa credit card?

There are various ways to acquire a Visa credit card. One can use their checking accounts and have their ATM card double as a Visa credit card. Another way is to apply to banks a revolving credit line.


If you have about 50000 in credit card debt and have some joint accounts with your boyfriend is he liable?

Yes, but only on the ones that your boyfriend is on (joint credit accounts only).


What banks offer merchant credit card accounts?

There are several banks that offer merchant credit card accounts. These banks include TD Bank, PNC Bank, Merchants Bank, Bluepay, and Bank of America.


What is the difference between credit card and revolving credit?

A credit card is a type of revolving credit, whereas a revolving credit account may or may not be a credit card. Revolving credit can also include other types of accounts, such as a revolving line of credit with a bank or a home equity line of credit.


Does HSBC Direct offer a credit card?

Yes it does. It also offers checking accounts. HSBC Direct would be a great choice for a credit card. Be sure to set up your bank account and get a credit card from them.


What is e credit accounts?

an arrangement in which a bank, store, etc., allows a customer to buy things with a credit card and pay for them later, In which the customer have to pay some money for the credit service.


What are the types of credits?

Charge accounts, credit card, consumer loans, mortgage loans, and installment sales credit.