can credit card companies freeze your bank account?

can credit card companies freeze your bank account?

4 Answers

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


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.


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.


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


Write Your Answer

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
What is the sum of 3 and 3


Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV


Page loaded in 0.217 seconds.