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You can't if you owe the creditors

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14y ago

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What are the potential consequences of parents taking money from their child's savings account without their knowledge or consent?

Taking money from a child's savings account without their knowledge or consent can lead to a breach of trust, strain the parent-child relationship, hinder the child's financial security and independence, and potentially be illegal.


Can a credit card company empty your bank account if you don't pay?

If you allow a creditor to deduct a payment of X amount of dollars, the creditor will most likely deduct that amount. If an account is 'past due' and a debtor gives a creditor a number to do a check by phone, the creditor can withdraw the amount of money owed which can cause the debtor to become overdrawn. You may be able to make a case, stating that you did not authorize that amount but while fighting this your account can still remain overdrawn. So if you have a past due account, make the payment by money order or cashiers check just to avoid this occurence from taking place.


Can a credit card company take money out of your paycheck without taking you to court in Florida?

No, creditors must follow the legal procedure established by the laws of the debtor's state. The exception is if the account has been taken over by a law firm such as Mann-Bracken that is licensed to practice arbitration. In such a case the account is referred to the arbitration board and the debtor will be notified of his rights to defend the claim. If an arbitration award is granted to the creditor, the creditor must still file in the debtor's state circuit court for a writ of judgment and be granted such before any action can be taken against the debtor's property.


What are 2 benefits of a savings account?

1) creating savings goals 2) putting money in without taking it out gives you interest!


Can a bank consolidate your loans without your consent?

A bank that is registered with the financial services authority ( F.S.A ) cannot consolidate your loans without your consent. Consolidation of loans would normally mean taking out another loan incorporating all your other loans so that you could manage the repayments. This is just one example of consolidation.

Related Questions

What are the potential consequences of parents taking money from their child's savings account without their knowledge or consent?

Taking money from a child's savings account without their knowledge or consent can lead to a breach of trust, strain the parent-child relationship, hinder the child's financial security and independence, and potentially be illegal.


What is twoce?

Theft - 'taking without consent'.


Is taking pictures without consent illegal?

Yes, taking pictures of someone without their consent can be illegal, depending on the circumstances and the laws in your jurisdiction. It is important to respect people's privacy and rights when taking photographs.


Is taking a photo of someone without their consent illegal?

Yes, taking a photo of someone without their consent can be illegal, depending on the circumstances and the laws in the specific jurisdiction. It is important to respect people's privacy and rights when taking photos.


If your debt with a judgment against you has been sold can the judgment still be on your credit report from the original creditor effecting your credit report twice?

No, it's the same account and the new creditor is simply taking over the same rights as the original creditor.


Is taking a picture of someone without their consent illegal?

Yes, taking a picture of someone without their consent can be illegal, depending on the circumstances and the laws in the specific jurisdiction. It may violate privacy laws or be considered harassment.


Is taking pictures of someone without their consent illegal?

Yes, taking pictures of someone without their consent can be illegal, depending on the circumstances and the laws in your jurisdiction. It may violate the person's right to privacy or constitute harassment.


What are the potential legal consequences of taking pictures without consent and what is the charge for doing so?

Taking pictures without consent can potentially lead to legal consequences such as invasion of privacy, harassment, or even stalking charges. The specific charge for taking pictures without consent can vary depending on the circumstances and the laws of the jurisdiction, but it is generally considered a violation of privacy rights.


What is the law against taking pictures of someone without their consent?

The law against taking pictures of someone without their consent is known as invasion of privacy or unauthorized photography. It is illegal to capture images of someone without their permission in situations where they have a reasonable expectation of privacy.


What would be an unethical?

taking blood samples from patients for research purpose without consent


What should you do if you were paying on an account by them taking out the money but then they stopped and you received a letter from a lawyer?

If there is not a pending lawsuit you should close the account as soon as possible. The best option is to obtain legal advice concerning creditor debtor laws in the state in which you reside before communicating or making an agreement with the creditor's legal representative.


Is it illegal to take pictures without consent?

In general, it is not illegal to take pictures of people in public places without their consent. However, there are some exceptions, such as taking pictures in private places or using the images for commercial purposes without permission. It is important to be mindful of people's privacy and rights when taking photographs.