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    SWadhwa's Avatar
    SWadhwa Posts: 2, Reputation: 1
    New Member
     
    #1

    Dec 2, 2008, 01:06 AM
    Forcible lien on savings account by the credit card company
    My husband has a credit card & savings account with HDFC bank. He had asked for a settlement on his credit card, so he didn't make 2 months payment. The bank has put a lien on his savings account & have taken out the money without informing us. Do they have the authority to do so..?
    ATYOURSERVICE's Avatar
    ATYOURSERVICE Posts: 246, Reputation: 13
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    #2

    Dec 2, 2008, 01:17 AM

    If it's within the same bank they may be able to. Take a look at the paperwork from the credit card side. They may stipulate that they can in the terms & conditions.

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