Can creditors seize PayPal accounts?

[shark66]

Speaking of lies...

With all due respect to Flamingo, I would *NOT* be calling PayPal and asking questions, since they can freeze one's account at anytime without an explanation...and getting a straight answer out of them is like pulling a tusk out of a live elephant...next to impossible and likely dangerous...

To OP, just file a non-consumer Ch. 7 and be done with it...

Good luck to us all.

[debee]

duhhhhhhhh....yeap...and they usually take longer than a day or two. so i'm thinking i don't know many people who had a trustee's rep....burst into someone's mom's house and look under their bed..

It wouldn't be a trustee's rep. It would the sheriff.

But the material point here is that Paypal doesn't enjoy any kind of special status that exempts them from standard recovery procedures.

And when they attach your account, OP, you won't see it coming.

[tobee43]

It wouldn't be a trustee's rep. It would the sheriff.

But the material point here is that Paypal doesn't enjoy any kind of special status that exempts them from standard recovery procedures.

And when they attach your account, OP, you won't see it coming.

well the trustee would have to do the order, i would similar to the trustee ordering an appraiser to come out to ones house. but, a sheriff's officer can only enter a home with a summons in hand issued by a judge whom issued an order to seize the property. or at least here.

got that...paypal gets no special exemptions.

[debee]

well the trustee would have to do the order, i would similar to the trustee ordering an appraiser to come out to ones house. but, a sheriff's officer can only enter a home with a summons in hand issued by a judge whom issued an order to seize the property. or at least here.

got that...paypal gets no special exemptions.

There is no trustee though, tobee. OP isn't filing bankruptcy. OP wants to know if creditors with judgments can get at his/her Paypal account.

OP is worried about the post-judgment recovery process. In OP's case, that's going to be sheriff, levies, garnishments, attachments, etc.

[tobee43]

There is no trustee though, tobee. OP isn't filing bankruptcy. OP wants to know if creditors with judgments can get at his/her Paypal account.

OP is worried about the post-judgment recovery process. In OP's case, that's going to be sheriff, levies, garnishments, attachments, etc.

well it's because the best thing would be to do the bk!! LOL!! and then we can go through the same process except exchange the word "trustee" to creditor or suing party..in this the case the creditor...must go step one...serve a summons, go to court, get the judgment, get an order to seize the property..( one firm i remember took a guys poor van that way!).

they didn't give the guy a MANO second...left the courtroom with the order for the seizure of the guys wheels and had some connection to execute the order immediately. that's not usually the norm tho...at least not here. and...also, my friend who worked in the NYC Marshall's office often told stories about how they ripped people's unemployment insurance checks right our of their checking accounts.... garnished checks before even being notified...scary!!

[simplicityof]

I think if creditors were as thorough as paranoia may suggest, they would have an "in" even with Paypal. However, while paying my cell bill through Paypal and simultaneously receiving blocked calls to my land line from numerous debt collectors, I never once got a call to my cell over a 2 year period.

As far as declaring Paypal as a financial account I probably will since I've sold assets within the past year that the trustee demands receipts for before the 341 meeting.