Ask Experts Questions for FREE Help !
Ask
    mhbaig5's Avatar
    mhbaig5 Posts: 1, Reputation: 1
    New Member
     
    #1

    Sep 20, 2007, 04:15 AM
    Lien on Bank Account
    Dear Sir,
    My Bank Account has been kept under lien, by the bank because I have to pay Credit Card Usage & Charges, due to some problems I was not able to pay the credit card amount, of Rs. 20,000/- a executive of the bank approached me and told that it will be settled in 18,000/- and I agreed to it, after that they kept a lien on my bank account which is having 24,200/- in balance.

    I there a legal remedy for removing the lien, are the empowered to do so, please help.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Sep 20, 2007, 06:17 AM
    First can you tell us generally where you are located. Second, was the credit card from the same bank? Third, were you ever sued over the debt and was a judgment ever obtained?

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Bank Account [ 4 Answers ]

Can I get a bank account after the bankruptcy has been granted?

Old Bank Account [ 9 Answers ]

My boyfriend is being audited by IRS. He needs to locate an old bank account that he had when married. Wife has moved out of state and he does not know how to locate her to find out name of bank in year2000. Is there a way to find out information maybe with your social security number.

Closing bank account [ 1 Answers ]

I am closing a small bank account and putting the remaining $$ in the general cash account. What is the credit side of this entry?

Bank lien on Car [ 2 Answers ]

I need to ask about a bank lien I have on my car. Someone hit my car and now my insurance adjuster said its totaled. Because I have a bank lien, the money I get from the insurance company goes to the bank. Can I refuse to sell it to the insurance company and trade the car for parts and get...

Levy on bank account [ 1 Answers ]

I was looking on the internet of how to collect on a judgement and it said I could get a levy on his bank account and writ of execution.will it be served to the bank by the sheriff or could I go to the bank and show them the judgement papers?they said all I need is his exact name and the name of...


View more questions Search