Tuesday, August 24, 2010

Dealing With Debt: What to Do When Creditors Attach

“There is a legal process creditors have to go through to attach a bank account.” Detroit-based financial coach, Dorethia Conner says once a creditor sues a consumer and receives a court injunction, legally, the creditor can begin to take money out of your bank account. “It usually takes one to two years of no response before a creditor will proceed with a lawsuit. If you don’t make some type of arrangement, that’s when the creditor sues a debtor.”
Here’s what you need to know if you are being sued by a creditor or if your account has been attached.
Click HERE if you want to know.

No comments:

Post a Comment