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Urgent questions - ACH block on bank account





Sub: Urgent questions - ACH block on bank account
Fri, 03/10/2008 11:45

I had a couple of PDLs which kept debiting my bank account. Currently my account is over $1000 in the negative due to these problems and overdraft fees. My paycheck is scheduled to direct deposit tomorrow morning. Because I have bills to pay (my entire paycheck would be eaten by the overdraft) and cannot deal with any more of this, I contacted my bank and had an ACH "freeze" placed on my account - allowing NO activity, whatsoever - not even walk-in deposits. I will have to personally see a branch manager to make deposits to bring my account positive. The account is now labeled "no activity."

Has anyone done this? My question is - will my direct deposit still go through? The bank told me it "shouldn't" as it should automatically reject all ACH debits or credits, but then another person at the branch said they may allow it to go through since my balance is negative and it would go towards the balance.

I talked to our payroll person and she is going to give me a paper check so I can go cash it and take care of bills, legitimate loan payments, and paying toward bringing my account positive.

ANY help/advice would be appreciated!!!!!!!!!!!!



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dawnlango7
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Sub: #1 OMG PM, I'm so sorry that has happend to you. Hopefully your coFri, 10/03/2008 - 11:45



OMG PM, I'm so sorry that has happend to you. Hopefully your company will understand & let you work out some sort of arrangement to pay it back... :(

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Shazzers
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Sub: #2 This was on the BBB site but I'm not sure how accurate it is. Fri, 10/03/2008 - 08:23



This was on the BBB site but I'm not sure how accurate it is.


Nevis Marketing / Timberhole
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Leawood, KS 66211

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JHolmes5804
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Sub: #3 paydayloansFri, 10/03/2008 - 08:12



This has become a nightmare. I borrowed one amount and I know I have it paid off they keep taking money out of my account I have no phone number for them they are Nevis marketing anyone know how to contact them please help.


Unregistered

Sub: #4 Another update: bad news. Had a call from the branch manager Fri, 10/03/2008 - 07:01



Another update: bad news.

Had a call from the branch manager this morning. Since our account is overdrawn, they cannot reverse the direct deposit as they said they could! So, now that's gone into my account which is still OD - and I've already cashed and used my paycheck from my employer. Now my employer has paid me twice and I now owe them $1K for one of my paychecks! I'm totally freaking out. I don't know how long it will take the payroll company to figure out that the deposit posted - I won't be able to repay my employer until the 15th at the earliest!


Unregistered

Sub: #5 Another update - called this morning to check balance and it appThu, 10/02/2008 - 07:16



Another update - called this morning to check balance and it appears the bank DID force post the direct deposit! They must have done it yesterday sometime. So, at this point I have been paid twice by my employer (one paper check already cashed, 1 direct deposit that wasn't supposed to post). Ugh!!!! I immediately called the branch manager, who says she can reverse the direct deposit. She said it will be reversed out of my account today and shouldn't be a problem even though our account is still overdrawn. This has been very stressful for me, but I have been fortunate to have bank managers willing to work with me. I really hope this is the end of it!


dawnlango7
dawnlango7

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Sub: #6 Congratulations :DWed, 10/01/2008 - 09:11



Congratulations :D

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Unregistered

Sub: #7 Oh, and for anyone wanting to freeze the account so they cannot Wed, 10/01/2008 - 08:58



Oh, and for anyone wanting to freeze the account so they cannot even let deposits in - I was told that there are 3 things they can set your account as: 1. regular activity, 2. credits only, and 3. no activity. Mine was set as "no activity." Previously I had been told they could not do this, but if you talk to a branch manager, they have the power to do it. The only stipulation was that, at my bank, I was told they ONLY do this in instances of fraud. I told them I was the victim of fraud (which I believe I was, as these payments kept coming out even though I had made other arrangements), so you may have to "fib" a little to get it done. But if you insist your information has been compromised, and tell them you want NO activity - no credits, no debits, etc., they should be able to freeze your account completely.


Unregistered

Sub: #8 Well, good news - the deposit WAS returned, and the bank didn't Wed, 10/01/2008 - 08:55



Well, good news - the deposit WAS returned, and the bank didn't post it! So, I actually have money to survive for 2 more weeks. I got a paper check from my employer and was able to go cash it, pay my bills, and put some money towards the overdrawn bank balance. I took myself off direct deposit so now I just get a paper check. The account is still frozen so they can't hit me with any more attempted payments, either. Basically, they have NO way of getting any moolah from me unless I mail them a money order. So, finally, I am the one in control of this situation.


wssu91
wssu91
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Sub: #9 You may need to change banks.Wed, 10/01/2008 - 05:02



You may need to change banks.


PinkLady
PinkLady

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Sub: #10 People at the bank have the power to do a lot of things. I see iTue, 09/30/2008 - 18:08



People at the bank have the power to do a lot of things. I see it a lot working at a bank myself. It helps a ton when you get somebody who knows what they are doing and also a bank that is willing to work with you. Looks like everything is working out, good luck fighting those PDL's.

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