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About LinkBacksDoes anyone know if a credit card company gets a judgment (let's say for $10,000) and they put a lien on ones bank account for less than the entire amount?
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Green Member
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- Aug 2011
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- Los Angeles
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Credit card judgement lien on bank accounts?
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Green Member
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- Aug 2011
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- US
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I think laws in your state dictate what a creditor can and cannot put liens on. Not sure about California.
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Centurion Member
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I'm not sure but another member on here, DoingHomework, seems to have good insight when it comes to these types of topics. If he reads this I hope he replies.
Being that liens can be put on many types of propery/assets, if I had to guess I would say that a credit card judgment for a lien on a bank account would be possibly, though that is only an assumption on my part and not facts. It will vary from state to state either way.Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed. Regardless, anything I say is my honest opinion.
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Centurion Member
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- Aug 2011
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- Michigan
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Yes, they can do that. You can't stop or reverse lien. This lender has a judgment against you; and that means:
They can seize property or assets including bank accounts. Without your knowledge/approval they can subpoena local bank for accounts you own.
Very common, File a lien against real estate property.
Some states do have restrictions / Limitations but with the amount you estimated, I recommend you get with a free consulting attorney.
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