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If your car was repossessed does the car loan company have the right to put a hold on your bank account then over draft it?
Wiki User
∙ 18y ago
no the only thing they can do is take it out of your paycheck. Even In New York State
Wiki User
∙ 18y ago
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In New York State does a car loan company have the right after a car has been repossessed to freeze and over draft your bank account?
You need to read your loan agreement very carefully you may have given them that right.
Why wont a bank accept a bankdraft back from one of teir customers?
The bank cannot do that. Any customer of the bank who wants to deposit a bank draft into their account can do that. A bank cannot refuse to accept a customer's draft for deposit. You have the right to deposit it with any bank that you have an account with (unless it is a fake draft).
Can a company who closes your account try to collect interest three years after closing the account?
Yes, if you still owed a balance at the time the account was closed. Just because a company closes an account does not mean that any balances that are owed to them disappear. If your account was closed and there was still a balance outstanding and you did not pay that balance, the company has every right to collect the balance and any interest outstanding.
In Texas does a car loan company have the right to freeze your bank account?
Apparently they went to court and won a judgment and you must not have been there. Could it be your sales contract allowed them to do that ?
Can collection agencies freeze your savings account?
No, collection agencies do not have any right to freeze your savings account. Only banks have the right to freeze your account but depends on the nature of the default.
In New York State does a car loan company have the right after a car has been repossessed to freeze and over draft your bank account?
You need to read your loan agreement very carefully you may have given them that right.
If your car is repossessed are you entitled to the right to bring your past due current?
Most lienholders will allow you to bring your account current and get your vehicle back - but only after you pay the fee for the repossession and you may also have to pay the repossession company for storage.
Why wont a bank accept a bankdraft back from one of teir customers?
The bank cannot do that. Any customer of the bank who wants to deposit a bank draft into their account can do that. A bank cannot refuse to accept a customer's draft for deposit. You have the right to deposit it with any bank that you have an account with (unless it is a fake draft).
Where is bank draft number located on demand draft?
on the lower section of the check, in the MICR encoding area, to the right of the routing number and account number. It can also be preprinted on the check, located on right side upper corner
Do you have the right to get your property out of your car after it is repossessed?
ABSOLUTELY!
Do you have a right to have a repossession letter before my vehicle is repossessed?
no
What is the legal right to receive cash from a credit sale and represents an asset of the company?
account receivable
How 2 cancel gf2ub account?
There is a way two cancel a gf2ub account. If you try to cancel the account will tell you to call the company right away and sometime it will even tell you that you have to pay to cancel the account.
Can a company who closes your account try to collect interest three years after closing the account?
Yes, if you still owed a balance at the time the account was closed. Just because a company closes an account does not mean that any balances that are owed to them disappear. If your account was closed and there was still a balance outstanding and you did not pay that balance, the company has every right to collect the balance and any interest outstanding.
What is the best company to open a retirement account?
"The best company to open a retirement account is at ""Retire Me Right"". It is a wonderful company with plenty of benefits. You must make sure you enroll about a year before trying to sign up because the paperwork is intensive."
Can a car that's repossessed be entered by towing company without authorization?
The order of repossession is their authorization to enter the car. If your car is being repossessed, it means there's a lien on it, and the lienholder called for the repossession to be carried out. You don't own the car - the lienholder does, until you pay off the lienholder and they relinquish the title to you. So yes, that tow company doing the repossession has every right to enter the vehicle they're repossessing.
Is Gmail educational?
No, Gmail is an email company. You can make a Gmail Account @ gmail.com Click "Create An Account" (bottom right/under the sign in stuff) Hope this helped! :)
