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What can you do if you collect disability and a credit card company froze your checking account?
A credit card company cannot arbitrarily seize a bank account. The creditor must file a lawsuit, win, be awarded a judgment and execute the judgment according to the laws of the debtor's state. All Social Security benefits and most private disability and pension benefits are exempt from creditor execution. However, in most cases the defendant (debtor) must let the court know the funds are exempt before they can be protected. The defendant and any joint account holder will need to petition the court for the release of all the exempt funds. In some cases of where both the defendant and the bank have been made aware of the exemption of the funds, then both can be held responsible for damages incurred by the debtor. The problems results when people commingle benefits and other income thereby making it necessary for the account(s) to be held until a judge rules on what if any monies the plaintiff is entitled. Generally a bank account cannot be "frozen" for more than 30 days.
What else can I help you with?
Can a credit card company freeze a checking account of a diabled person?
No creditor can freeze anyone's assets without court authorization--disability or not.
Is it lawful for a company to find out from a bank how much money you have in a checking account?
No. A company cannot have access to certain pieces of your personal information, including your personal checking account...
Can a collection agency issue a warrant for a payday loan check that went back?
If a Payday Loan company hires a collection agency to collect on your account they can send your account to an attorney to collect the amount of the loan and any NSF fees that you have accumulated. However, it is stated at the bottom of your contract that if you close your checking account that the loan is made from, that you can be charged with fraud.
If your company does not offer maternity leave can you collect disability?
Short term disability will cover your maternity leave if you purchased a policy before getting pregnant. Social security disability will not cover maternity leave, nor will most long term disability policies.
What is the term for money kept in a checking account?
A checking account is called a "demand deposit" because it is available for transfer to another individual or company by writing a check or draft.
Can a company who closes your account try to collect interest three years after closing the account?
Yes, if you still owed a balance at the time the account was closed. Just because a company closes an account does not mean that any balances that are owed to them disappear. If your account was closed and there was still a balance outstanding and you did not pay that balance, the company has every right to collect the balance and any interest outstanding.
Is it safe to have an online-only checking account?
An online only checking account is safe if it is offered by a reputable company. Some reputable bank companies are PayPal and ING DIRECT.
I need to contact Ford Motor Credit Company's accounts payable?
on account number 46152881 I need to know is there is disability insurance on this account, the account holder is on disability for 4 to 6 months because of rotor cuff repair and was more serious than most.
Can you collect private disability and state unemployment at the same time?
Their should be no problem. I would double check with your insurance company as their may be some variation by company and state. Be well.
I am disable and collect ssi and va disability. I was also receiving 3rd party disability from Aetna?
I am disable and collect ssi and va disability. I was also receiving 3rd party disability from Aetna through my company. they quit paying me a year ago and claim I owe them 54,000.00 because I was getting ssi for my daughter.I need an attorney that can help me. My home phone 303-427-4319 please call
Which account shows the amount of accounts receivable that a company does not expect to collect?
Allowance for Uncollectible Accounts
How can a person have a DDA account But no checking account?
i was wondering bout the same thing at first til i asked. it still depends on the company youre working for. i myself dont have a checking account but get my pay as direct deposit. they wire it through my savings account instead.
