QUESTION
Can I subpeona result in a hold on my checking account or is this only true for savings accounts?
Asked on Mar 29th, 2014 on Collections - New York
More details to this question:
I am in an unpleasant dispute with a credit card company over a 5 year old charge. They sent a subpoena to the bank where I have savings account which resulted in a hold being placed on the account. Can this same thing be done with my checking account? I pay most bills electronically.
1 ANSWER
They are entitled to restrain any account with deposits in excess of $1920.
Answered on Mar 31st, 2014 at 4:34 PM
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