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What else can I help you with?
Can an overdraft become a debt?
Yes. As long as you don't use your overdraft facility and take money out of that account, it is fine. But, if you happen to withdraw money from the OD account, it becomes the money you owe the bank and you must repay the bank the money you took from your OD account. Therefore it becomes a debt you owe the bank.
What happens if your bank goes to bankruptcy and you owe money to them?
You still owe money.
Can a bank take you to court if you owe money?
Yes, you can be sued if you owe money.
How do you know if you owe money to a bank?
the bank will send you a lette ror something.
What is a bank rupsy?
When you owe a lot of money to a bank that you can't pay back.
Do you owe bbva compass bank?
How to get in touch with compass bank if you owe them money
Can an overdraft become a debt?
Yes. As long as you don't use your overdraft facility and take money out of that account, it is fine. But, if you happen to withdraw money from the OD account, it becomes the money you owe the bank and you must repay the bank the money you took from your OD account. Therefore it becomes a debt you owe the bank.
What happens if your bank goes to bankruptcy and you owe money to them?
You still owe money.
Can a bank take you to court if you owe money?
Yes, you can be sued if you owe money.
How do you know if you owe money to a bank?
the bank will send you a lette ror something.
What is a bank rupsy?
When you owe a lot of money to a bank that you can't pay back.
How do you receive money from bank if you own the bank?
You can pay dividends from the profits. Owe Or own?
Can bank sue for rest of money if they sell for less than money you owe on it?
Yes and they will.
Can you open a new bank account with bank you owe money to?
Ask that bank, each bank company has different policy.
Does a creditor who you owe money to have the right to seize your bank account in California if they bought out that bank?
yes
What happens when you owe a bank money and are unable to repay the debt?
When you owe a bank money and are unable to repay the debt, the bank may take legal action to recover the money, such as seizing assets or taking you to court. This can negatively impact your credit score and financial future.
Is it legal for a bank to debit my account each time I receive a child support payment because I owe the bank for a prior loan-- The bank is taking money I'm supposed to have for my child?
If you owe money to the bank they are entitled to withdraw it from any monies deposited into your account.
