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!!!!!!!!!!!!