You bet they can. In using the card, you agreed to faithfully pay them back what you charged. Since you have used someone else's money to buy stuff you couldn't afford yourself (and therefore didn't need), you are now in debt to someone else. They are entitled to take whatever means are necessary, within the law, to recover those funds lent to you in good faith that you would pay them back. The credit card companies have bills to pay just like you do ... they can't default on their payments to their employees and utilities. Never ever charge anything that you know can't be paid back in full at the end of the month.
In Indiana, a credit card company can only garnish wages if there has been a judgment against you. If they sued you, and you lost or did not show, and the Judge determined you owed, they can garnish you. They can not do it on their own.
Credit card companies could not garnish a retirement account at one time in Florida.
no way
Can credit card companies that take you to civil court garnish your wages or income tax return if you lose in the lawsuit
An Automated Clearing House account is more secure than setting up an account with credit card companies personally. A clearing house account my also have features that are not offered with an account directly set up with credit card companies.
Only with a court ruling against you, but you be served court papers before that can happen.
Yes, unfortunately
YES
Banks do not place liens or garnish your paychecks (your employer would have to do that). However, if a garnishment is received by your credit union, they have to freeze any liquid funds in your account at the time the garnishment is received and send the funds to the court (by law). This is regardless of the source of the funds.
Yes, that is the way a garnishment works. When the credit card company sues you for non-payment of debt, they win a judgment. The judgment can be a garnish on your paycheck or your bank account. It makes no difference who you have a bank account with if they were awarded the garnishment by court.
Indiana has set the statute of limitations for an open ended account at 6 years. A credit card is an open ended account. That will be measured from the last communications from the debtor. The credit card may be based on a different jurisdiction which could be longer! You need to check your agreement for the applicable jurisdiction.
Credit card companies will not reopen a credit card account once it has been closed. The company will issue a new credit card and new account if it wishes to do business with the person.