They seize checking accounts for unpaid hospital bills?????

[nutmeg]

Quote from Vinny1:

If it's hard to collect on a judgment, why do people bother going to court then? How do you find someone's bank account anyhow?

Imo, a waste of time. I won a judgement against a customer- another small business (small claims court), maybe $900.

Not worth the hassle,

Learned my lesson to walk away from any losses in business. The more you think about them the worse it gets.

Going forward, I did a better job of checking out who you want as a customer.

 

[peilthetraveler]

Quote from Vinny1:

If it's hard to collect on a judgment, why do people bother going to court then? How do you find someone's bank account anyhow?

I once looked into getting into the business of collecting judgements. Finding someones bank account is not like going into a computer database and looking it up. You actually have to KNOW what bank the debtor banks at to seize his bank account. Judge will not grant an order for you to randomly go to different banks and ask "does Mr. debtor have an account here?" You have to have the specific bank, then you get the order to seize his account. You can also do this with property they own. You can do a forced sale. 99% of creditors will not do this though, but they do hire people that will do that kind of detective work. Typically the collector will get 50% of everything collected, so the collector tries to make sure its worth his time to go after a bank account. (Dont want to seize an account with only $50 in it). Anyway, something must have flagged this guy as having a decent amount of money to go after for a collector to do this kind of stakeout on this guy.

 

[Bob111]

I once looked into getting into the business of collecting judgements. Finding someones bank account is not like going into a computer database and looking it up. You actually have to KNOW what bank the debtor banks at to seize his bank account.

can't you get this info thru credit report? at least bank name itself will be there. next step-call or visit this bank's branch

 

[Eight]

it's good to get a check from everybody and then by the time they start making trouble you can hope they still bank at that same bank...

 

[ashatet]

gosh, he is a young person, can anyone who is blaming him tell me what else could he do. He lives in a country where a house costs the same amount as a major operation. If medicine were to become free market, this would not happen, the whole system is setup against anyone who is in less than stellar health. Bills, bills, bills, they never end, it was not like this in the old days, people had less stuff, and they had less bills to pay and medicine was cheap.

Quote from misterno:

I think I am misunderstanding it. Can someone help me decipher this?

http://www.nytimes.com/2012/02/13/n...ty-rules.html?pagewanted=2&ref=general&src=me

Christopher Ward, 49, living in his father’s house in White Plains on a $200-a-week disability payment from a workplace spinal injury, recalled stopping at an A.T.M. — “just to have something in my pocket to buy food” — and discovering that his accounts, totaling less than $4,000, had been seized.

“I tore my hair out for a long time not understanding why all this was happening to me,” Mr. Ward said, admitting to memory lapses.