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

    Sep 21, 2006, 04:40 PM
    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.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
     
    #2

    Sep 21, 2006, 08:21 PM
    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.
    manutdman's Avatar
    manutdman Posts: 12, Reputation: 1
    New Member
     
    #3

    Sep 30, 2006, 11:26 AM
    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

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!

Debt collection [ 4 Answers ]

Howdy, 4 years ago I let a credit card charge off for $11,700. A law firm bought the debt and until last year I had paid it down to $6700. I just haven't had the money to pay them. I earned 28k last year and my YTD is 7k for this year. I just got a court summons. I assume my wages will be...

Debt collection [ 7 Answers ]

Does any one know if I'm responsible for my 20 year old sons dentist bill if he no longer lives with me but I had insurance on him till he quit school?Can a debt collector go after me? Because that what's happening but I don't think I should be responsible for my dead beat son any help? Thanks!

Collection Agenies [ 8 Answers ]

Can collections agency be nasty and mean to you? Can they call one a day, everyday? Can they call anytime they want, or their hours their allowed to call between? Sapphire

Coins collection [ 1 Answers ]

Hi pals Can anyone tell me any website which stores the info of the old coins? And their present market cost?

Federal Forms for a F1 Visa to H1 VISA [ 5 Answers ]

I understand many people are in the same boat and I am also in the Same boat as all. Let me present my case and have it clear understanding for all First I was on OPT status from 1st January 2004 to 13th Oct 2004. I changed my status from F1 -> H1B on 14th Oct 2004. Hence my status from 14th...


View more questions Search