Bank froze all my accounts!!

Please try to relax. There has to be a logical explanation and a reason for this. It does not seem feasable how a bank could freeze you assets unless someone like the IRS put a tax lean on your account. Not a credit card company. I once paid a lawyer an "installment" by check and he went to court behind my back and took 1600.00. But thats what I owed. He did not freeze the rest. Please let us know what the bank tells you.

I just got the papers faxed from the bank-a lawyer apparently got the hold put on. How can this happen without my knowing what's going on?
I'm going to see about calling the lawyer and find out what this is all about!
I don't understand!

Thanks for replying!!

I would think that a judgement was entered against you, and that the creditor got an order to seize the funds from your bank account. The bank then puts a hold on all available funds, until such times as the creditor gets their money. Then the excess funds will be released.

OK, I contacted the lawyer, spoke to a pretty nice woman that told me what was going on-there was a judgement against me, and now, since I'm unemployed, I have to pay a lump sum settlement to have my accounts released.
It's much less than the hold amount, but still going to be almost impossible to accomplish-and make my mortgage payment at the same time.
I wish I had known about this all, I could have called-but inall honesty-I have had so many things going on, that the original bill left my memory completely-she even said I hadn't recieved a statement since 2004. GAH.

I feel so helpless about this-I guess I'm going to have to be late on my mortgage, and some other bills, I need this cleared up.

FIrst of all, what state do you live in? Second, you need to go to the court house and find out what needs ot be filed for an appeal. You were improperly served, therefore, you can not have a judgment. You will need to prove your residence was not where this fraudulent service took place. Attorneys ALWAYS intentionally not serve debtors since they can easily file a lien on your bank accounts and help themselves to your money rather than send letters and call you 10,0000 times in hopes of recovering what most likely is a purchased debt.

Purchased debts are very difficult to litigate, most attorneys can never provide sufficient validation when requested therefore, the debt becomes uncollectable. So basically, you are up against a scavenger of an attorney who couldnt make it in a court room so he resorts to collecting debts committing fraud every day.

When you told the "very nice woman" at the law firm you had no idea about the debt and this apparent law suit, she probably heard the same story 1000 times since your situation is all too common. The reason attorneys get away with this is because 9 out of 10 times, debtors know they should pay and eventually this would happen to them so they do nothing and attorneys are well aware of this making fraud part of their every day routine.

Find out the statute of limitations in your state, find out the date of judgment and date of last activity which will be found on your credit report and if this account is beyond the statute of limitations you pay nothing. First find out who took the money...it would be the marshalls or some other 3rd party who actually has the money and go to the court house and get instructions on filing the appeal for improper service. You will find most of this information by simply googling "statute of limitations for debts in whatever state you reside". There will also be exemptions that may apply to you which will be found with the statute.

You will get your money back and once you do, send the same attorney a debt validation questionnaire. I can almost guarantee you that you will never hear from the plaintiff attorney again.

If you cant figure this out on your own...google sifxpert, find my site and I will help you get your loot.

We are at a point right now where we need to make a decision about our debt 100k+. We have talked to credit counseling people; debt reduction people-some charge on amount owed others charge on amount saved and are in a quandry. We want to pay our debts, but the cc companies are going from 7% to 30+% using their one time late scam, raising the minimums and making it impossible to pay off in less than 30 yrs. To me this is partially an ethical question. Do we tough it out & pay all that they are charging us, do we get the debts reduced and pay a portion of what we owe (and what are the ramifications of that)or go into debt mgmt for 8 years & pay all of the money+ & have no credit avlble. We're selling our business & retiring on SS & small rtrmt. Basically, we are caught between a rock & a hard place. HELP!!

follow the above advise. find his site and get his advice