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If your bank account has been seized because of a debt you owe, you should call and work out a payment arrangement with the creditor. You should also start a new bank account.

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11y ago

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Can a credit card company freeze your bank account?

A credit card company cannot freeze your bank account. However, it can sue you in court for any overdue balance. If the credit card company is successful, the court will issue a judgment lien that the creditor can use to freeze your bank account and seize any money you have on deposit. In fact, the judgment lien can be used to seize any assets you own to satisfy the lien.


How can I transfer my credit card payment to my bank account?

To transfer your credit card payment to your bank account, you can typically do so by logging into your online banking account and setting up a transfer from your credit card to your bank account. You may also be able to do this by contacting your credit card company directly or visiting a bank branch.


Can a bank seize funds from a checking or savings account for money owed on the bank's credit card without a court order in Texas?

Yes, it is referred to as a "set off" action.


Can you transfer money to a credit card?

Yes, you can transfer money to a credit card by making a payment from your bank account to the credit card account.


What is the difference between a checking account and credit card account?

checking from bank fund & credit card prepaid by credit


Can you transfer funds from a credit card to a bank account using a bank transfer?

Yes, it is possible to transfer funds from a credit card to a bank account using a bank transfer.


Is bank account is compulsory for obtaining a credit card?

Maintenance of an account in the bank which has issued the card is not a pre requisite for applying for a credit card. Having an account with the card issuing bank is essential for debit cards. Nandkishore Sharma


Do you need a bank account to get a credit card?

No.


Is a credit card needed to sign in to Bank of America?

No, a credit card is not needed to sign into Bank of America. One can have a checking account, a savings account, or other business with Bank of America without having a credit card.


What happens to my credit card if I close my bank account?

If you close your bank account, your credit card account will typically remain open and unaffected. However, you will still be responsible for making payments on your credit card balance as usual.


Is it possible to transfer money from my Venmo credit card to my bank account?

No, it is not possible to transfer money directly from your Venmo credit card to your bank account.


What numbers are on a credit card?

It depends on who's credit card. The numbers are your bank account, the date the credit card is validated for.