WHAT DO YOU THINK ABOUT Creditors placing a Lean on YOUR Account (FREEZING YOUR MONEY!!!)?

Question

WHAT DO YOU THINK ABOUT Creditors placing a Lean on YOUR Account.

Do you think it's another way for the U.S to make the Rich Richer and the Poor more poor.

What will the U.S do when the lower class citizens reach bottom.

Was the Jews right about Banks Stealing money.

What will happen WHEN To Much Poverty Begins/ Will Kaos begin ,(stealing/rioting) after so many years of lesiure an hard work on living from check to check...

The STOCK MARKET WILL DROP AND BUSINESS WILL BOTTOM OUT. *BECAUSE THERE ARE MUCH MORE POOR THEN RICH.. AN A BIG PORTION OF THE U.S IS IN CREDIT DEBT.

IS THIS A SCAM TO PAY LAWYERS.

IT IS A GIVEN FACT THAT ALL BANKS HAVE TO REPLY
to such court orders given from creditors.

Dont get me wrong if you owe someone you should pay them,

But Is it the Creditor Fault from being so giving to people even at the age of 18 teen years of age & younger, not knowing the indept & responsibility of life.
Because of there mistake will the U.S Fall.

Answer 1

Grrrreat- another person blaming everything on everyone else and the government.

No one FORCES anyone to get credit cards or live beyond their means. If someone buys something and doesn't pay for it, it's effectively stealing.

PS- one last thought-- an entity, whether governmental or otherwise, cannot put a lien on a property or account without going through proper administrative procedures or a lawsuit-- which of course, includes proper notification of the pending action, settlement negotiation, etc. Most companies, including state and federal government, will settle for pennies on the dollar or for a repayment schedule suitable for the debtor and most are flexible when it comes to a person having financial problems due to heath problems, layoff, etc., etc.

Answer 2

Hard to tell what your question is, but I do have a couple of comments.

First, creditors did you the favor of loaning you money, and now, you decide not to pay them back? Pretty crude. Of course they have the right to place a lien on your funds until you pay them.

Then you went on and on about something blah blah for a number of paragraphs. My reaction is that your writing style probably is the result of a poor school system - I cannot imagine how your schools have continuously put you in higher and higher grades without demanding that you develop a nodding acquaintance with the English language.

Finally, you wrote: "...But Is it the Creditor Fault from being so giving to people even at the age of 18 teen years of age & younger, not knowing the indept & responsibility of life..." I'm guessing you're asking if people who enter into contracts should be held to the terms of the contract. The answer is yes. If you're asking if I approve of "people even at the age of 18 teen years of age & younger" being allowed to enter into contracts, my response would be mixed. The mature ones who can make informed decisions should certainly be allowed to get a headstart on their financial future by starting an early credit profile.

On the other hand, immature deadbeats who take money from a lender, spend it, and refuse to pay it back should not be allowed to.

I think I'd have the prospective borrower write an essay on why they need the money and how they will pay it back before I'd loan out any. That way, if the essay is worded in a fashion similar to this question, the decision not to lend would be easy.

Answer 3

It depends on who froze, and why your account was frozen. It also depends on how that money was aquired. If that money was obtained illegally (Paid from another country as a debt owed by that country, from money of another person, or obtained through durg dealings.) Find out who froze your account and why from your bank. Find out how to unfreeze
your account through your bank or a lawyer. If it is the IRS,
Contact them.

Answer 4

On the outside it would not seem fair, but they can only do this if you failed to pay a debt, refused to acknowledge or make payment arrangements, and someone went to court and you probably failed to attend. What's not fair if you made a debt and failed to meet your obligation to pay it back? If you could not pay something back, don't borrow!

Answer 5

I don't think they should have the ability to do this without having a legitimate reason first, like actually proving you did something wrong.
No they'd rather ruin your life than no say so much as a sorry if they are proved wrong.