0
Can they freeze your bank account for credit card debt in New Jersey?
Wiki User
∙ 14y ago
Only a court of law by issuance of a Order of Garnishment or Levy can freeze a bank account. Any credit card company or debt collector making such threats are breaking the law, and you're entitled to damanges for their actions. I would Google "FDCPA attorney New Jersey" and get paid! I have no respect for a collector or agency that breaks the laws and lies to debtors!
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How does a creditor know where and what bank account to freeze?
The banks send your information to the major credit reporting agencies. In order to freeze your bank account the creditor must obtain a court order to collect on a debt from you. With that court order they can get your account information from the bank to process the freeze/collection.
What is the past tense of you freeze the bank account?
You froze the bank account.
Can a bank freeze account with out a debt?
Yes, a bank can freeze an account for a variety of reasons. They often do this when they feel their may be a security risk.
Can revenue Canada freeze a joint bank account?
It is possible for Revenue Canada to freeze a person's bank account. This includes both single and joint bank accounts.
Can a collection agency freeze bank account in ca without you being notified?
Agency cant freeze your bank account at all, They can go to court asking to freeze your account, then a court order only can freeze you account, an account cant be freezed by any third party order.
How does a creditor know where and what bank account to freeze?
The banks send your information to the major credit reporting agencies. In order to freeze your bank account the creditor must obtain a court order to collect on a debt from you. With that court order they can get your account information from the bank to process the freeze/collection.
Can a credit union in Arizona through which you had a credit card freeze your bank account?
Yes, a credit union in Arizona could potentially freeze your bank account if you have a credit card through them and have outstanding debts or unpaid balances. However, they would likely need to go through a legal process and obtain a court order before taking such action. It's important to communicate with the credit union to resolve any issues before it escalates to this point.
How soon after you stop paying credit cards can your bank account be frozen?
This seems highly unlikely. I think only the IRS has the power to freeze a bank account.
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.
Can a credit card company freeze your bank account after a garnishment is ordered even if your credit card was not with that bank?
Yes, that is the way a garnishment works. When the credit card company sues you for non-payment of debt, they win a judgment. The judgment can be a garnish on your paycheck or your bank account. It makes no difference who you have a bank account with if they were awarded the garnishment by court.
What is the past tense of you freeze the bank account?
You froze the bank account.
Can the police freeze your bank account for a minor hit and run?
No. In the US the police cannot freeze your bank account. That would require a court order.No. In the US the police cannot freeze your bank account. That would require a court order.No. In the US the police cannot freeze your bank account. That would require a court order.No. In the US the police cannot freeze your bank account. That would require a court order.
Can a bank freeze your account over a sworn affidavit from an individual statement?
No, a bank will not freeze your account without a court order from a judge. They won't freeze an account over an individual statement.
Can a bank freeze account with out a debt?
Yes, a bank can freeze an account for a variety of reasons. They often do this when they feel their may be a security risk.
Can collection judgment freeze your bank account?
Yes, a collection judgment can freeze a bank account. A court order is required. If a bank account is frozen, it cannot be used until the debt is paid.
Can revenue Canada freeze a joint bank account?
It is possible for Revenue Canada to freeze a person's bank account. This includes both single and joint bank accounts.
Can a collection agency freeze bank account in ca without you being notified?
Agency cant freeze your bank account at all, They can go to court asking to freeze your account, then a court order only can freeze you account, an account cant be freezed by any third party order.
