Can a collection agency freeze my bank account?
Date: Wed, 10/14/2020 - 21:27
A collection agency has threatened to freeze my account if I don’t pay them within Halloween. Can they do that? Please suggest.
Have they filed a lawsuit
Have they filed a lawsuit against you? They cannot freeze your bank account without a garnishment order. Check if they have a filed a lawsuit against you. Secondly, do you even owe the amount. Giving false threats about lawsuits is illegal.
Always remember that it's not
Always remember that it's not possible to garnish your wages without a valid court order. The collection agencies might threaten you to freeze your accounts but it's impossible without a court judgment.
If you are facing problems in paying off debts, talk to our expert financial coaches in 800-DEBT-913. They will help you in handling your debts and you won't have to deal with the debt collectors anymore.