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Can a credit union in Arizona through which you had a credit card freeze your bank account?
Wiki User
∙ 9y ago
If the bank is the one that has the credit card, they can associate the card with the account. This might be a violation of regulation E. However if the bank and the card issuer are not the same, they have to get a judgment and then go to the bank with that.
Wiki User
∙ 9y ago
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Can an attorney freeze a joint checking account in NY?
Yes, in certain situations, an attorney may be able to obtain a court order to freeze a joint checking account in New York as part of legal proceedings. This is typically done to prevent the depletion of assets that may be subject to a legal dispute or judgment. Both account holders will be affected by the freeze.
Can a bank account in Delaware be levied for a court judgment?
Yes, a bank account in Delaware can be levied for a court judgment. If a creditor obtains a judgment against a debtor, they can potentially freeze or garnish funds in the debtor's Delaware bank account to satisfy the debt. It is important for debtors to be aware of their rights and seek legal counsel to understand the implications of a court judgment on their assets.
When can a bank seize funds from your account?
A bank can usually seize funds from your account if you have outstanding debts owed to the bank and they have a right of set-off. This means they can use the funds in your account to cover what you owe them without requiring your permission. However, there are legal guidelines and procedures that the bank must follow before seizing funds.
Can I serve a writ of garnishment to a bank?
Yes, you can serve a writ of garnishment to a bank in order to collect on a debt owed to you. The bank will then freeze the debtor's assets in the account up to the amount owed. It's important to follow the legal procedures and requirements for serving a writ of garnishment.
What is garnishee order in Banking Law?
A garnishee order in banking law is a legal process that allows a creditor to collect money owed to them by the debtor directly from the debtor's bank account. The bank is required to freeze the debtor's account and pay the amount owed to the creditor. This is often used as a last resort by creditors to recover debts when other collection methods have failed.
Can you close your credit card account and continue to make payments?
No, what usaully takes place is that the credit card company freeze your credit card account and you continue to make payments
Can a credit card company freeze your account with them without notice?
yes they can, if is up to them
Can a company freeze your bank account?
Directly - No. Through a court order to freeze your assets - Yes
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.
Can a freeze be put on your checking account when only you are behind in your personal credit card debt?
yes
How does a creditor know where and what bank account to freeze?
The banks send your information to the major credit reporting agencies. In order to freeze your bank account the creditor must obtain a court order to collect on a debt from you. With that court order they can get your account information from the bank to process the freeze/collection.
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 soon after you stop paying credit cards can your bank account be frozen?
This seems highly unlikely. I think only the IRS has the power to freeze a bank account.
Can they freeze your child account if you are on it?
It depends on how you are "on it". If you are a joint-account owner, then yes they can freeze that account. If you are listed as the guardian of the child (therefore the account is in the child's name, but you control the account) then no they cannot freeze it.
Can a credit card company freeze your bank account after a garnishment is ordered even if your credit card was not with that bank?
Yes, that is the way a garnishment works. When the credit card company sues you for non-payment of debt, they win a judgment. The judgment can be a garnish on your paycheck or your bank account. It makes no difference who you have a bank account with if they were awarded the garnishment by court.
Can a collection agency freeze your bank account in NC?
No, it is illegal for a collection agency to garnish or freeze your account for any reason. The only way your account can be garnishes is if you owe taxes or child support. If a collection agency threatens to do this, tell them that you are aware of the Credit Reporting Laws on this matter (there is legal ground for this matter).
Can a collection agency freeze bank account in ca without you being notified?
Agency cant freeze your bank account at all, They can go to court asking to freeze your account, then a court order only can freeze you account, an account cant be freezed by any third party order.
