Can credit card companies seize personal bank account?

Posted by Debtuptomyneck (24.1.148.94) on June 11, 2004 at 23:10:26:

I have a quick question. My sister was diagnosed with cancer and she has no medical insurance. I know it wasn't smart but I maxed out credit cards with low interest balance transfer offers to help her pay for medical bills. It's the only option we have.

I have perfect credit now but I'm sure my credit will be ruined after this. My question is, can credit card companies seize personal assets in my checking/savings account?

How often is this done? Has this happened to anyone? Is there anyway I can avoid this? Do they go to small claims court or what type of court and judgement do they go to? What is the maximum they can collect.

Help!

Follow Ups:

• Next ? - Can CC's find out my bank accounts by SSN? Uptoneckindebt 06/12/04 (0)
• btw... catballou 06/12/04 (0)
• Re: Can credit card companies seize personal bank account? Boadicea 06/11/04 (3)
  • Maybe Lady can chime in here.... Boadicea 06/12/04 (0)
  • agree with my buds catballou 06/12/04 (1)
  • I'm in a similar type situation Indebt2 06/11/04 (0)
• Re: Can credit card companies seize personal bank account? Debtuptomyneck 06/11/04 (4)
• Thanks JKelly Debtuptomyneck 06/11/04 (0)
• Re: Can credit card companies seize personal bank account? Boadicea 06/11/04 (5)
• Re: Can credit card companies seize personal bank account? JKelly 06/11/04 (1)

Post a Followup