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How Do I Stop Creditors from Freezing My Bank Account?

If you’re dealing with an overwhelming amount of debt, your creditors may find ways to collect funds directly from your bank by freezing your accounts. If creditors freeze your bank accounts, you won’t have access to the money and checks that you wrote before your funds were frozen. Our New York debt relief attorneys explain what you can do to stop creditors from freezing your bank accounts.

Take Action Against Creditors

The sad truth is that creditor pursuit won’t stop unit you take action. If you have debt you know you don’t have enough money to pay, you should seek guidance from a legal professional to create a payment plan that will give you more payment flexibility. The best way to unfreeze your bank account is to get the judgment against you “vacated” or erased.

Other ways to unfreeze a bank account include:

  • Paying the debt, you owe
  • Filing for Chapter 7 or Chapter 13 bankruptcy
  • Look for exempt deposits

Creditors are supposed to serve you with the legal notices regarding lawsuits brought against you. If they fail to comply with New York State and Federal Consumer Protection Laws, their mistakes can work to your advantage. An experienced attorney can also help you take action to remove the restraints on your bank accounts, allowing you to gain access to the funds in your frozen bank account.

Call Our New York Debt Relief Attorneys Today: (516) 217-4488

If you are dealing with overwhelming debt and creditors have frozen your bank accounts, it is vital that you take action as quickly as possible. Our New York debt relief lawyers have years of experience helping people achieve financial relief. Our firm is committed to providing honest, effective, client-focused services. We have a proven track record of results, having discharged millions of dollars for both consumer and commercial clients.

Contact our New York debt relief lawyers today at (516) 217-4488 to schedule a consultation!

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