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View Full Version : Banking holds


pattybass
Jan 10, 2009, 02:25 PM
I have a credit card debt with a bank, that I also have a checking account with. I am aware that they can hold that balance, but I also sign on another account, at same bank, that is a fraternity account, with 3 other signatures. Can they place a hold on it ?

JudyKayTee
Jan 10, 2009, 03:37 PM
I have a credit card debt with a bank, that I also have a checking account with. I am aware that they can hold that balance, but I also sign on another account, at same bank, that is a fraternity account, with 3 other signatures. Can they place a hold on it ?



I wouldn't chance it. If you have the ability to withdraw funds from the account I would remove my name.

If that money is frozen, correct or not, it will take you a very long time to resolve the problem.