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Babs B
What if you owe money?
My manager wanted me to ask.
If we owe a vendor money and we have the money to pay them but we don't can our bank account be frozen?
                     
 




marikit _ako
freezing acount is done legally... court order needed for an account to freeze ... you have not been sued in court, so no one can freeze it not even the bank president.


Linda R
Rating
I dont' think the account can be frozen unless it goes to court. I would think once in a court battle and the vendor won the case, the judge would rule you had to pay the owed money by a certain date. Once that happens and you don't pay it may can be frozen, then again they could always turn it over to a collection agency and they in turn would do the vendors battling for him. If I were you I would pay the debt. You may need to buy from this vendor again someday and if you owe him money, he won't be doing business with you. And another thing this vendor in turn could blacken your business name because you don't want to pay once you receive the merchandise. Thats bad for business, but if you are not concerned about the business name and good standings then don't pay. Put the shoe on the other foot. How would you feel.


LaLa
Rating
you can be sued for not paying. you should pay the vendor if you have already received services.


sweetboba
i would quit that job and get a better job.


david w
Rating
Pay up or two guys named Vinnie and Sal will pay youse a visit...


Demon Doll
Rating
Yes it can. And they can sue you.


kiroc k-Terry
Rating
No. a vendor cannot freeze your accounts, I suggest you tell your manager to pay his bills if he has the money, it's proberbly the goods or services that the vendor supplied that made the money he now won't part with. He can register you manager as a bad payer and this can stop any future credit suppiers offering him their products. Tell him to step up and pay his bills. If he dosent I suggest you find a new job because how long will it be before you don't get paid?


autumnl78
wow id go job hunting if your manager isnt sure what happens when they dont pay bills...
yes they can sue the company, with intrest based on the state. depending on the state laws the accounts may be freezed but that probably varies by state and you probably will have to have lost a court case first. they can also stop supplying to you.


?
Rating
yes


Kendrick
Rating
Only if the courts garnish the accounts.


The Druid
The vendor has to go through legal action first and have the courts freeze your account. However he can report the unpaid debt to the credit agency's


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