Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now
3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Money & Services > Bankruptcy & Debt   »   TD Visa Collection

 
Thread Tools Display Modes
Question
 
 
#1  
Old Sep 21, 2006, 04:40 PM
supercherie
New Member
supercherie is offline
 
Join Date: Sep 2006
Posts: 1
supercherie See this member's comment history on his/her Profile page.
TD Visa Collection

Today, TD bank took a payment for a visa debt from my brother directly from his bank account with no prior notice in writing or phone that was from 10 years ago. Is this legal? Can they do this? TD is claiming that there is absolutely nothing they can do and the collection agency hung up on him and told him it was their debt and their right to collect it.

Any help/guidance would help him out.

THanks.

Reply With Quote
 
     

Answers
 
 
Old Sep 21, 2006, 08:21 PM   #2  
Finance & Accounting Expert
CaptainForest is offline
 
CaptainForest's Avatar
 
Join Date: Nov 2005
Location: Canada
Posts: 3,672
CaptainForest See this member's comment history on his/her Profile page.CaptainForest See this member's comment history on his/her Profile page.CaptainForest See this member's comment history on his/her Profile page.CaptainForest See this member's comment history on his/her Profile page.
No they can’t do it.

They probably have a judgment out against your brother.

Talk with TD, find out why they allowed someone to take money out of the account.

TD says there is nothing they can do. Get mad, angry in the bank. It always works for me, they don’t like scenes. Talk with a bank manger and ask them directly. They have NO legal right to give away your money unless they were ordered via a garnishment.
  Reply With Quote
 
     
 
 
Old Sep 30, 2006, 11:26 AM   #3  
New Member
manutdman is offline
 
Join Date: Aug 2005
Posts: 13
manutdman See this member's comment history on his/her Profile page.
No they can't do it! There's a statute of limitations law where they are not allowed to collect debt that is older than 5 years or so i think

Talk to a specialist about it
  Reply With Quote
 
     

Bookmarks


Thread Tools
Display Modes

 
Similar Sponsors

Similar Threads
Question Asker Forum Answers Last Post
debt collection tparkcraig Other Law 4 Sep 20, 2006 05:32 AM
debt collection yarl raps Bankruptcy & Debt 7 Aug 26, 2006 12:52 PM
Collection Agenies Sapphire670 Bankruptcy & Debt 8 Apr 22, 2006 06:54 AM
coins collection STRANGER_OF_UR_DREAMZ Collectibles 1 Dec 1, 2005 07:33 AM
Federal Forms for a F1 Visa to H1 VISA kichubhai99 Taxes 5 Apr 12, 2005 07:21 AM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 10:25 PM.