Call your bank and find out how to rescind any permission you gave the company to automatically withdraw money. Somehow, the other person was able to provide the information for the money to be withdrawn.
Not if you ask them to close it in writing and you have NO balance.
Yes, but it will be treated as a drawings account.
No. As long as you were specific that it was a one time withdrawal, they cannot keep accessing your account even if you fail to make payments. However, if you have accidentally signed up for an automatic bill pay using that account they are free to access it for each monthly payment in the amount specified.
Call and write the company. Tell the company that you are taking away your permission for the company to take automatic payments out of your bank ... Call and write your bank or credit union. Give your bank a "stop payment order". Hereβs how you can do a stop payment order: Monitor your accounts
I don't think they can
i dont think so
No, not unless they are authorized by you for automatic withdrawal or have sued you and received a court order. In most cases no. Unless you signed up for automatic withdrawl from your checking with the finance company or went to a buy here pay here lot with that clause in your contract, very unlikely. The worst that will happen is your car will be repoed and you will have a very hard time financing another vehicle.
No. The exception could be the terms of the contract, some states allow such loan companies to include a clause in the lending contract that they have a right to automatic withdrawal from a borrower's bank account if the borrower defaults on the agreement.
You can make the first withdrawal even 5 mins after your account is successfully created. Usually banks may take one or two working days to create your account. But once that is done, you are free to withdraw your money anytime. how can i withdraw from my American equity investment life insurance company?
Not unless the creditor has a judgment order and executes it as a bank levy.
Contact the administrator of your IRA. This might be someone in your HR department, the bank or the investment company that handles the account. You will complete some required forms to make the withdrawal, which will explain tax implications, etc.
ACH is a form of payment. It stands for automated clearing house. It is when you give permission to a company to pull funds directly from your account.