can credit card companies freeze your bank account?

can credit card companies freeze your bank account?

4 Answers

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22
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-18

If your creditor is awarded a judgment against you, they can legally put a lien on your bank account.


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18
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-20

Creditors can freeze your bank account. If you have defaulted on a loan, then creditors can file a lawsuit against you. If you don't win the case, then the court will issue default judgment against you. In such a case, the creditor can freeze your bank account.


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17
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-13

Yes, the credit card companies can freeze your bank accounts but this involves legal issues. So, before the creditors can freeze your bank accounts, you may get a summons regarding the lawsuit filed against you.


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17
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-21

Yes they can. Once the court issues an order against you, then they can garnish your wages or freeze your bank account.
 


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