Credit Card Company Took Money Out of Joint Account to Pay Spouse's Debt

(South Carolina)

My wife got a credit card for her business (my name was not on it) and her business closed with her still owing money. BBT owned the card and our personal joint account. They force debited my account to zero taking a large sum and caused me overdraft fees for items that hadn't cleared. They sent documents stating they have the right to do that but how many times can they do that and is it legal just because the contract she signed says they can?

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Feb 21, 2011
Credit Card Company Took Money out of Joint Account to Pay Spouse's Debt
by: Debt

Ordinarily a credit card company must sue a card holder and win the lawsuit in order to be able to take money out of his or her bank account. Also, I believe there is usually a limit on the amount of money that can be taken at one time from a bank account by a judgment creditor. However, I am not an attorney nor am I familiar with the laws of your state. Also, I have not read the documents that you were sent claiming that the creditor is entitled to do what it did.

I recommend that you schedule an appointment with a consumer law attorney who helps consumers resolve their debt collection problems. Find out how to get FREE or low cost legal advice about debt collection from a consumer law attorney here. The attorney you talk with can advise you about whether or not your legal rights have been violated and if they have what you should do next.

Good luck!

Nov 20, 2011
Visa kept my money.
by: Anonymous

I recieved a visa application in the mail,for a secured credit card up to 10,000 in line credit,plus a 3day stay at a star motel for signing on.The application looked legit so i send a deposit of 56.00 three months ago and haved not recieved anything,i should have followed my mind and keep my money,now im the fool ha ha..

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