Lots of ways...of course one of the most common is you provided it when you applied for credit....and other info (which if you lied on the application opens you up to fraud charges)....and of course, if you bounced a check on them, they have that, and probably copies of others you may have sent. A zillion other ways too.
In Colorado it is possible for a debt collector to levy a bank account. It is necessary for the approval from a court in order for a debt collector to place a levy on the bank account.
If the debt collector is authorized to do a debit withdrawl then there is documentation that you signed authorizing same. If the documentation you signed with the debt collector does not match with the amount being withdrawled from your account, notify your bank immediatly of the fraudulent transactions. Take the documents to the bank. Do not prewarn the debt collector that you are doing this.
NEVER give your bank account information nor your employment information to debt collectors..
The loan collector can collect from any account that you have provided access to.
Sure - the operative word here is "debt collector" ... they can and will do anything within the law to make certain they are paid.
No, a debt collector cannot take funds without a garnishment order or court order. No one has access to your bank account but you. Sometimes, the bank account will be frozen before decision is made by the court.
No!
yes. i had it happen to me
i was sued by citi bank and the wanted me to agree on a judgment so that i can continue making payment.
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.
yes.reason is that if the debt collector return the money in question, you can as well pay it back into your account.thank you
It depends on the statute of limitations in your state for debt collection lawsuits. If the debt is past the statute of limitations, the debt collector may not be able to successfully sue you. However, they can still attempt to collect the debt through other means like phone calls or letters.