David J
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Look at the terms and conditions of the contract between you and this company (credit agreement terms etc etc). You may find that they are entitled to get their money back in such a way.
Without knowing the agreement terms though, this question is impossible to answer definitively. |
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100% Organic Snark™
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I'm not sure about the banking laws in the UK, but here, if you've ever signed anything authorizing the creditor to automatically make debits from your account, you're screwed unless you can prove you ever rescinded the authorization.
I'd go to the bank and talk to the person who handles bank debits -- but over here, once they get it, the only way to get it back is to sue. |
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donfletcheryh
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I would do some reasoning... If they were able to withdraw money from your bank account you must have provided them with an authority to do so.
You may not have expected this turn of events when you gave them that authority.
If they abused the authority you gave them, as by collecting payments before they were due, yes, you can sue for reversal. Often, however contracts are written such that if you fail to pay any amount when due, the whole amount may be deemed due immediately. If that is the case in your contract, and you did fail to make a payment on time, they will have had the right to be paid in full.
This is not a polite way to do business. But it does demonstrate that if you are unable to make any payment in full in time, you need to discuss it with the creditor... will they give you a break? |
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STEVEN F
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Read the original agreement. A clause like the one they claim is extremely common these days. If it is in your agreement, you have no case. If it is not, they had no right to raid your account without a court order. It is unlikely they could get a court order without you being aware that you were being sued. |
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Lindsey P
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Go speak to a lawyer and get some proper information. |
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Pamela B
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The first thing you should do is to tell your bank not to let any other bank drafts from that company come thru or you could just close out that account and reopen another. I think the latter would be better. Next don't give anyone especially a credit company your account number for any reason they are very unscrupulous when it comes down to it. You should also file a complaint with your bank against the company and try to get the money back. Request a copy of the agreement they say you signed if they cannot show it to you then you have a case. Good luck. |
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Tsunami
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get a lawyer but i bet you signed something to the affect they could do it they would not change doing something wrong and getting nicked for it. |
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Swansea
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was it taken by direct debit because the bank that i work for (and all other UK banks) under the direct debit guarntee they will claim the money back for you and the funds will be back in your account within 24 hours. It is really good! Or call the bank and tell them that you didnt authorise the payment and they will take a fiew days and get the money back then |
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ξήĢŁĭŞĦ ŗǾşξ ©® ღஐღ
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it depends on the agreement you had witht hte credit company, direct debits do not include lump sum payments. Andif you've not signed for any more than a regular payment, im pretty sure they cant take it.
you really need to read your agreement and tlk to your bank. |
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Bandit
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Money cannot be taken legally from an account without prior agreement or a court order. Consult an attorney, most initial consultations are free. |
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eminence113313
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I know in the US you can file a dispute with the bank, and the bank will fight to get your money back. The only problem is, it can take a few months. I hope you get everything straightened out! |
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miko28
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they have to have a judgement to get your money without your permission |
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