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 Posted: Sat May 06, 2006 12:52 pm Subject: Chase Bank and Stop Payments |
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My checking account is with Chase Bank (formerly Bank One), and I want to place stop payments on my upcoming PDLs (see my other post: PDLs - "I'm Starting To Have Problems" to find out why I'm placing stop payments on the PDLs). Does anyone know if Chase Bank will give me trouble honoring the stop payments? And can the PDL lenders still present my checks for payment despite the fact that I have stop payments on the checks? Can the PDL lenders represent them electronically, and Chase lets them through despite the stop payments being in place? Any advice regarding this new issue would be greatly appreciated, thanks!
DeeDeeNay
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DeeDeeNay
Joined: 26 Apr 2006
Posts: 32
Debtcc Points: 1324
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| Posted: Sat May 06, 2006 12:57 pm Subject: |
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I would recommend asking for a freeze, which would stop any withdrawals from the account. Much easier and cheaper imo. Plus the pdl can sneak around by changing the debit amount by a penny.
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set4sail
Joined: 03 Jun 2005
Posts: 414
Debtcc Points: 7636
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| Posted: Sat May 06, 2006 1:22 pm Subject: |
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If the PDL company intends to debit money from your account after a stop payment has been put, they might use a different amount for withdrawing the money. Due to this, your bank might honor the payment since there was a change in the specified amount.
My personal opinion will be to block the UserID of the PDL company that is set with the bank. Even if the amount is changed, your money won't reach them. You need to talk to your bank regarding this matter in advance.
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curlycarl
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Joined: 21 Jan 2005
Posts: 630
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| Posted: Thu Aug 28, 2008 12:31 pm Subject: Advice |
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Been there with Chase they will just cause it to be more of a hassle for you. Your best bet and even though it may not sound the best it to tell them that your check book was stolen..They will ask what check numbers, just tell them all of them and that you just want a new checking account issued. This way you never have to deal with the (PDL's) messing with you and you can avoid all those $30 stop payment fee's.
Hope it helped.
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kjmnretzlaff
Joined: 28 Aug 2008
Posts: 2
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| Posted: Thu Aug 28, 2008 12:39 pm Subject: |
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Another thread raised from the dead!
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desperatelyseekingsanity
Joined: 09 Jun 2007
Posts: 643
Debtcc Points: 2806
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| Posted: Thu Oct 16, 2008 2:47 pm Subject: stay away from chase |
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Stay away from CHASE. They put a hold on my account because I owed some debt company $553.00. CHASE BANK IS NOT ALLOWING ME TO WITHDRAWL MONEY FROM MY ACCOUNT BECASUE OF SOME COURT ORDERD. THEY ARE NOT TELLING ME ANYTHING IN DETAILS BECASUE IT'S AGAINT THEIR COURSE OF ACTION. SO I GOTTA CALL DEBT COLLECTION COMPANY TO FIGER IT OUT WHAT SHOULD I DO OR HOW AM I GOING TO USE MY OWN ACCOUNT.
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celvin
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