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If you pay the bank you owe will they remove you from the chex systems?
Wiki User
∙ 16y ago
== == The answer is No. Not unless you call and make a formal request. Even then they will tell you it is up to Chexsystems and it will stay on your credit report for 5 years. Chexsystems will tell you to call the bank. My advice is be clear about what you are paying for, ask questions and get names.
Wiki User
∙ 16y ago
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Do you owe bbva compass bank?
How to get in touch with compass bank if you owe them money
How do you find out how much you owe the bank?
Call the bank and ask.
Does a creditor who you owe money to have the right to seize your bank account in California if they bought out that bank?
yes
If you filed your taxes last year and got a RAL loan and it was a mistake on your taxes and the bank issued you a overnight check do you owe the bank our do you owe the IRS?
you going to pay back taxes to the IRS
Would a charge you owe at First National Bank 350 Accounts Payable be your A asset b liability?
Money you owe is a liability.
Is it true that even after you pay the bank you owe that you will stay on Chex Systems for up to 7 years and can't they take you off?
The reporting bank can request to chexsystems to remove you. Chexsystems reports remain for 5 years unless disputed. There is no guarantee for removal. Once the 5 years is up, you should be removed
If you do have an outstanding balance with a bank how can you open a cheking account with another bank?
Most bank report to a company call Chex Systems. They are a credit bureau that are used for reporting on deposit accounts at banks instead of loans. If the bank you owe money to reports to chex systems and the bank you wish to open an account at uses chex systems more then likely you will need to pay the other account off first. That doesn't mean that you can't find a bank that will open an account for you it will just be difficult to do. The best thing would be to just pay the bank what you owe money to. Most banks aren't going to open an account with an outstanding amount owed to another bank because they don't want you to do the same thing to them.
Can I open a small business account if I'm in chex systems for a personal account?
well i had that experience today and the bank told me i had to pay what i owe and call chexsystem and ask them to make records current... or Go LLC or Corporate so it wouldn't require a SS#
Do you owe bbva compass bank?
How to get in touch with compass bank if you owe them money
If you pay the bank that you owe money to on the chex systems can you open a checking account with them again?
Paying off a debt owed to a bank listed on ChexSystems may improve your chances of being able to open a checking account with them again. However, each bank has its own policies and may still consider your past history when deciding whether to approve your application. It's best to contact the bank directly to inquire about their specific guidelines and requirements for opening a new account.
What if you wreck a car without insurance and owe the bank payments?
Then you still owe the bank.
Can you go to jail if you owe a bank for a car?
in nc, can you go to jail if you owe a bank for a car?
What does it mean when claim is subject to setoff in bankruptcy 7 case?
Example: you, a debtor, owe me $10,000. I owe you $5,000. I can set off my debt to you, meaning that you cannot collect the $5,000 I owe you. Your debt to me is reduced to $5,000. The most common type of setoff involves a bank. Your deposits in a bank constitute the bank's obligation to you. If you owe the bank $100,000, and the bank has $5,000 in deposits from you, it can zap your $5,000, and now you owe the bank $95,000.
How do you find out how much you owe the bank?
Call the bank and ask.
What happens if your bank goes to bankruptcy and you owe money to them?
You still owe money.
Can a bank take you to court if you owe money?
Yes, you can be sued if you owe money.
Can you be put on chex systems during bankruptcy?
The answer is no. Bankruptcy puts the debtor into federal protection and out of jurisdiction of any collection type action against the person. If someone was put into chex systems while in bankruptcy it should be voided.
