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    Mbell1960's Avatar
    Mbell1960 Posts: 17, Reputation: 1
    New Member
    		  
    #1

    Jun 8, 2008, 05:23 PM
    How do creditors find your bank accounts?
    How do the creditors find your bank accts? I just wondered because I have accounts garnished at one bank and not at another.

    Thanks
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
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    #2

    Jun 11, 2008, 02:31 PM
    They probably were satisfied with one bank and stopped looking after one. Consider yourself lucky that they missed the other account.
    Fastfun1's Avatar
    Fastfun1 Posts: 80, Reputation: 11
    Junior Member
    		  
    #3

    Jun 11, 2008, 03:20 PM
    Retail banks use a reprting agency by the name of CHEX. Creditors will obtain information from a CHEX report. All retail banks report to CHEX; this does, however, exclude credit unions.
    slowandeasy's Avatar
    slowandeasy Posts: 353, Reputation: 14
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    #4

    Jun 11, 2008, 03:37 PM
    Don't be surprised if with in a few days that other account at a different bank gets "hit" also. Most of the time when they find one they will the other.
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