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Your account was exhausted with a court levy from a debt collector are they allowed to do so without some notification of it happening?
Wiki User
∙ 18y ago
In most cases yes, although you should have received notice of a judgment being granted and had a specified time to claim exemptions or take other action to protect property. A bank does not need to notify the account holder that a court ordered levy has been executed on the account. As soon as the bank is presented the order, by law they must take the action ordered. Some banks will give the account holder 24 hours notice, but that is a courtesy not a legal requirement. States have specific laws as to how an account can be levied, to joint accounts in particular, you should seek legal advice as soon as possible. In the meantime, DO NOT deposit or allow automatic deposits put into the account. Depending upon the court order and the amount owed the creditor may be able to withdraw almost immediately, any funds deposited.
Wiki User
∙ 18y ago
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Why do you need an email account for Instagram?
So they can email you notification.
Can a payday loan collector debt from a different bank account with out authorization?
The loan collector can collect from any account that you have provided access to.
In Colorado who can levy bank account?
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.
Can your checking account be frozen by a debt collector?
No!
How do you know if there is been a change?
If you have an account you can put the question on your watch list. You will get a notification of changes.
If a debt collector is representing the same bank you have your account with can they freeze the account?
Sure - the operative word here is "debt collector" ... they can and will do anything within the law to make certain they are paid.
What is considered an active a collection account?
An active collection account is a debt that a company is attempting to collect. This continues until all avenues are exhausted.
Does a professional answer these questions?
No. Anyone can make an account on here and answer questions freely, but you will receive a notification telling you your account may be suspended if you post anything inappropriate.
What can you do if debt collector is overcharging your checking account on what you agreed?
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.
How much does a collector make?
A bill collector can make 35,000 a year. They usually receive a percentage of each account that they collect on as well.
If a debt collector takes money out of your account before the date that you agreed upon can you have the money placed back into your account?
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
Can YOU close YOUR fathers CD account with power of attorney?
Nope. Eith P.O.A. or notification of incompetance signed by a judge.
