Posts by Drew Bishop22

Lawrence Cruz said:From what I understand, when you have an outstanding balance with Verizon, they go through a collection agency that sends a formal request to the bank. The bank then freezes the account until the debt is cleared. Usually, the fix is simple—you just deposit enough funds to cover what's owed, the bank processes the payment, and the account is unfrozen. That’s pretty much it.
The real headache is that with companies like Verizon, the customer doesn't get a heads-up from the agency. You just hit a brick wall at the bank when you try to withdraw cash, only to have the teller tell you your account is frozen due to a court order. By the time the teller actually figures out who placed the freeze, quite a bit of time has passed.
Anyway, starting January 1st, the Finance Department is taking over, so hopefully, the information flow will be a bit faster.

Collection orders and bank requests—you've got the terminology all wrong.

When Verizon acts as the creditor, they initiate a formal seizure process where a notary issues an enforcement order. Then, an attorney representing Verizon sends that over to the Treasury Department first, rather than directly to the bank. They instruct the Treasury to freeze all of the debtor's accounts and mandate that any banks holding those accounts collect the specified amount—principal, costs, and interest included—based on the valid documentation provided in the enforcement order.
Look, people, this is a legal seizure process, not some playground game.

Linda Jones20 said:So, about two months ago, our business account got frozen because of some ancient, unpaid debt to a VIP provider. The funny thing is, we actually settled the entire balance that exact same day—using funds from a different bank—but the freeze hasn't budged. Our account is still locked tight today.
We've reached out to our local Chase branch multiple times now, but they aren't giving us anything helpful.

Who can we actually talk to about this? And honestly, is this even legal?

I mean, you should probably just reach out to the law firm that's representing Verizon on this case. If you don't have their info handy, just give Verizon's customer service a call; they should be able to give you the phone number for the specific firm handling your file. Honestly, that might be one of the quickest ways to actually get this sorted out.

Mark Wilson66 said:Child support and benefits are protected by law, so they should have released those to you regardless of the freeze.

Starting Monday, you'll need to set up a separate account specifically for those protected funds so you can actually access them.

Actually, they didn't "have" to pay out the child benefits because, well, FIFA doesn't actually know what kind of income a citizen is bringing in. They see the total amount hitting the account, sure, but they don't see where it's coming from. That's why the regulations state it's actually the responsibility of the person handling the garnishment to notify FIFA about which specific payments are exempt from being seized.

Steven Reed said:A bit of advice: just pay what you owe 🤷 🤔

The thing is, everyone just ignores that kind of advice, I guess. And then they have the nerve to act all offended or genuinely shocked when someone actually comes knocking three or four years later demanding the money back? It’s honestly unbelievable... People act like Goldman Sachs is this big, terrifying monster that just freezes your bank accounts out of nowhere. If someone actually had an outstanding debt—say, for a cell phone bill—and just reached out to the law firm handling the case, they probably could have worked out a payment plan. I know plenty of people who were actually quite reasonable about it and even agreed to let them pay as little as $33 a month.