I have a judgement on my record for an unpaid Credit card. I have heard somehow these "People" can take the money out of your bank account. My question is how do they find my banking information? Is there anyway to avoid this happening before I can pay them? And before you ask yes I am working on a budget via the Dave Ramsey program.
2007-08-17 12:17:09 · 11 answers · asked by nellytaco 1 in Politics & Government ➔ Law & Ethics
a court order and your social security number.
Damned simple to get.
Peace
Jim
.
2007-08-17 12:22:15 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If they have a judgment, that means you were sued and lost. The court can order you to provide banking information. A more common approach would be to send requests to every bank within 100 miles to confirm your account. I don't think the bank can legally provide the information without your consent or a court order. However, if the bank fails to deny you have an account, they will use that fact to seek a court order.
You mentioned Dave Ramsey. His organization has counselors that can probably help more that we can. You can call his radio program at 888-TALK-BAK (888-825-5225) between 2 and 5 EST.
2007-08-17 13:55:08 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋
Is the brand of the credit card the same as your bank (like citibank or bank of america etc). they can do this without your full consent. for others, they have to take you to court and win, then you HAVE to give up this info and deal with it or you will be in front of the judge again! not fun. be sure this company knows you're seeking help. you may want to try to arrange some kind of payment plan to at least shut them up, like $10 a pay period or something.
i'm including a link to rules collectors must follow. it may seem boring to read, but there's info like what times they can and can't call you, about what they can tell people they call that are your references etc.
http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm
2007-08-17 12:29:31 · answer #3 · answered by casw1 4 · 0⤊ 0⤋
Rather than give you a primer on the law of creditors' remedies, suffice it to say that, yes, creditors are at liberty to use a variety of methods to satisfy debts/judgments against you, including but not limited to freezing your bank acct. You've heard of the movie, Repo Man, I trust? It is your responsibility grow the heck up and arrange a payment schedule with your creditor(s). Unless this Ramsay character has authority to undertake your debt or act in some way on your behalf, stop giving him free plugs at Yahoo!
2007-08-17 12:28:36 · answer #4 · answered by Anonymous · 0⤊ 0⤋
This is info too late, but if you are going to lose a judgment, (usually you know) you need to hide all your assets. After you have a judgment against you, they use private detectives. If there is a record with your name on it, they will find it. If you moved your assets before the judgment, they cannot collect them. A good example would be giving all your money and land to your mother. If you do it after the judgment, they can still go after it.
2007-08-17 12:31:23 · answer #5 · answered by Injam 3 · 0⤊ 1⤋
The Judge gives them that power when you chose not to pay your credit card bills.
2007-08-17 12:22:49 · answer #6 · answered by Ken C 6 · 0⤊ 0⤋
All they need to do is look at your credit report, and they will find all the infomation they need about any bank accounts you have.
2007-08-17 12:21:52 · answer #7 · answered by >♥Cat♥< 4 · 0⤊ 1⤋
Move to Mexico?
2007-08-17 12:20:28 · answer #8 · answered by Anonymous · 1⤊ 1⤋
You can contact them and pay them directly.
2007-08-17 12:28:45 · answer #9 · answered by Hillary 6 · 0⤊ 0⤋
obviously every1 likes money , they theives evrywhere.
2007-08-17 12:24:14 · answer #10 · answered by RaS Vybz 1 · 0⤊ 1⤋