Credit Card Companies and my bank account

[wrinkleigh]

OK -- I made my last credit card payment on 10/15. I have now missed payments on 3 different cards and they are starting to call us. Phone calls I can handle, caller id is a blessing.

But my question / concern is this. We always paid our credit card bills online. These were not automatic draft payments, we had to actually log and pay the amount, just like an echeck I guess.

My concern is this, all of these companies do have my checking account information. Can they take money from my account without my authorization?

Please tell me I am just being paranoid.

[HHM]

You are just being paranoid....

They cannot debit your checking account.

Now, if they were to sue you, get a judgment against you, THEN they could debit your bank account, but you are many many months from them even thinking about filing a law suit.

[bowlingmt]

We always paid on-line too. You don't have anything to worry about as far as them taking money out of your account for payment. We were 7 months behind when we filed. They did call a lot, but they didn't touch our checking account. Now, no one calls our house. It is so peaceful!

bowlingmt

[FilingOnMyOwn]

You really don't have anything to worry about, but if and when you do file bk, I would personally empty your bank account first and go into straight cash for the duration of your filing until discharge. But thats just me.