Can a collection agency put a hold on your account?
Credit Guy is correct. Never EVER give direct control of your bank account to a collection agent! Sadly you are going to pay a big price for that mistake. Oh sure, you can sue them. But they will simply counter sue you for the debt you owe, and you still end up with no money. Remember, never truck collection agents!
by Studly - an hour ago
Once you made an arrangement with somebody like that! Yes, it is legal because you gave them permission to do it. If someone doing that without you knowing it that's ilegal.
by Lyn - an hour ago
Sorry, yes they can do that. your Bank can not do anything because you give them authority to do that. Just open new account in defiant bank so that is not going to happened next time. They have right to collect there money from any source they can.
by all good - an hour ago
After judgement, in most states, YES it is legal. Sounds like they are setting up a wage garnishment.
by 360 - an hour ago
STOP YOUR PAYCHECK GOING TO THE BANK.
by Ralph N - an hour ago
Did they have a judgment against you? If not, they shouldn't have been able to freeze your account. Did you give the collection agency access to take the money directly from your bank account? Always a bad idea as they often use that authorization to take everything in the account. Call your bank and ask why your accounts are frozen. If the collector has a court order, you will just have to pay them off.
by bdancer222 - an hour ago
Yes, they can do that because you gave them the ok to pull money out of your account. Have you talked to your bank? It might not be too late to put a stop payment or dispute the items. I will go as far to suggest closing your checking and saving accounts and opening new ones so they don't have the number. I worked at a bank for 4 years and this happens all the time. D Roberts email@example.com
by Credit Guy - an hour ago
you need to call the bank. if it is the bank you use that you owed the money to, then your screwed! if it was an outside account, you have a case. did you sign an agreement for auto withdraw? if not then you need to call the company and talk to a supervisor, immediatly!!
by toni r - an hour ago
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