The company that is doing the electronic debit will request payment. You may receive a bad mark on your credit report. You could lose service or goods. And the bank might fine you for an 'overdraft.'
Asked in Debt Collection
How can you avoid a bank account levy?
If you have been notified that your bank account is going to be levied, the only way to avoid that is to either close the account or take your name off the account. You can also keep the account open and just never put any money into that account. ...
Asked in Debt Collection, Banking, Income Garnishment
Can a joint bank account in Indiana be garnished or frozen from a judgment on a party who does not deposit funds?
Yes, if the debtor is a named party on the account the funds held in the account can be attached. The only way to avoid this is to close the account completely and reopen an account without the debtor on it. I have heard that it is even best to seek a completely different bank, to avoid errors from occurring. ...
Asked in Business & Finance
How can you close your American General Finance account -?
Contact your local branch of AGFS. If the account was an installment loan, the account will "close out" at time of payoff. If the account is a revol line of credit, and has a zero balance, a written authorization can close the account or after 6mos of no activity the account will automatically close. ...
What happens if I write a check from a joint account and find out my husband closed the account?
If the mode of operation of the account is jointly by you and your husband in this case he can not closed the account. If the mode of operation is either or survivor, in this case your husband can close this account and you can not claim anything from bank. ...
Asked in Job Applications, Job Search, How To
How to close naukri account?
You can either close a Naukri account temporarily or permanently. To close the account permanently, you must contact Naukri's support. To close it temporarily, you can go to "Settings" in your account, select "Visibility," and choose "Inactive." ...
Asked in Social Network Websites, Facebook, YouTube
How do you delete or close your Hubpages account?
If you would like to close your HubPages account, please sign in to the account that you would like to close, unpublish all of your Hubs, and send us an email request with the subject "close my account" and the username of the account you would like to close in the body of your message (for verification) ...
Asked in Home & Garden, DIY Projects
How do you Close Microsoft email account?
To close your Microsoft email account you have to log into your emails, go into account at the bottom right of the page. Then click on close account (under additional options) type in your password and it will bring up a message saying it cannot close the account. Click on the link at the bottom of the message that says 'Close your Microsoft account' and then on the close account button. Your accoutn will be fully closed in 270 days....
What happens if the bank has restrained your account for a long overdraft period of time?
Most banks will allow an account to remain negative for 30 days and then they will close the account ..many will charge fees during this period ...
Can one person of a joint account close the account?
No. Actually, it depends on how the account is titled. If it is a Joint OR account, than yes, one person or the other can close it without the other. If it is a Joint AND account than both need to be present to close the account. ...
Asked in Debt and Bankruptcy, Banking, Industrial Credit and Investment Corporation of India Bank ICICI
Do they close your current bank account when filing for bankruptcy?
No they do not close your Checking or Savings account
Asked in Online Shopping, PayPal
How do you close a PayPal account?
To close your PayPal account click first on "My Account", then "Profile". On the left under "Account Information" the last link is "Close Account". After clicking on it you'll be asked to verify your account. Any balance left in your account will be mailed as a check to your address on file. ...
Can any one close account if their name is not on it?
No. It is a banking policy to verify the security and identity of the account. If the person is not on the account, or they do not have Power of Attorney, we will not close the account. ...