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What is the maximum you can get on a prepaid credit card?
There is not a limit on how much funds you can have on a prepaid credit card. You simply put on it the amount of money you have, and then go from there.
What if you own a prepaid credit card but don't have any funds to pay the monthly fee?
Then your credit goes down
Can a creditor freeze bank accounts in New Jersey?
A judgment creditor can levy a bank account(s) held by the judgment debtor. An account can be frozen by the court when it appears that funds might be removed and/or transferred to avoid the judgment levy or to allow the judgment debtor to claim exempted funds in the account(S) or when the account is jointly held by a person who is not a judgment debtor. A joint account holder who is not a judgment debtor is required to present documents proving to the court the amount of funds that belong to them and which are not subject to a judgment levy. In some instances when an account is held jointly by a married couple and only one spouse is the named debtor the entire account will be exempted from a judgment creditor levy.
Are prepaid credit cards worth all the interest?
There is no interest on a prepaid credit card. With a prepaid card it is like having cash. You have an amount on your card (for example $500) and you purchase an item for $30 you would then still have a credit of $470 on your card. This can be topped up when the funds run low.
What are some advantages of a prepaid credit card?
There are two great advantages to prepaid credit cards. One is that they never put you into debt as your can only use them as long are there are funds to back them up. The other is that as long as there are funds to support their use, they can be used to secure purchases that require a credit for security such as hotel rooms and car rentals.
Can a creditor garnishee wages if you are on public assistance?
No.All SS benefits and public assistance benefits are exempt from creditor action. If the benefits are commingled in a bank account with non exempt funds, it is possible for a judgment creditor to request the court freeze the account until the amount of exempt funds is proved.
Can a business checking account be garnished for a personal debt?
If it can be proven that the debtor has placed private funds in the account to avoid seizure by a judgment creditor.
If you are delinquent in repaying your credit card debt can your bank account be 'frozen' if the account is with a different bank than the one in which you hold an account?
Even though I do believe your privacy policy has been invaded, I do believe the bank can freeze your account. Answer Yes, if the creditor obtains a judgment by means of a civil suit against the debtor the judgment can be executed as a bank account levy, this means the judgment creditor can remove all non exempt funds from the account until the judgment is paid. Where the account is joint and only one of the account holders is being sued and/or the creditor plaintiff believes the defendant debtor may try to withdraw all the funds the plaintiff can request the court to 'freeze' the account until the suit is settled.
How can one prepay money to get a prepaid credit card?
Prepaid credit cards are available in various dollar denominations. One can purchase one with a preset dollar amount. When they would like, they can have it reloaded and funds added by calling the customer service number.
If you have a judgment against you and cannot pay it all can you settle for less than what is owed?
The party involved can try to negotiate a settlement, but it's unlikely if a judgment has been awarded. Once a judgment is in place the creditor has several options for executing it for payment of funds owed. If the debtor is gainfully employed the creditor will probably enforce the judgment as a wage garnishment and collect the entire balance of the debt.
Can a creditor make me pay with funds from an authorized user credit card?
Actually A creditor cannot make you pay at all. Anytime A bill gets paid it is because you made the decision to pay it.
Can a creditor levy a joint bank account?
If you are the not named on the judgment levy, you must file a petition with the court where the judgment was granted to have the confiscated funds belonging to you returned. The court will require proof of what portion of the funds in the account were yours. If the account was held jointly by a married couple in a community property state the total amount of the account if not considered exempt (SS benefits, public assistance, private pensions and disability benefits) is subject to seizure by the judgment creditor even when only one spouse is the judgment debtor.
