Can collectors withdraw funds from my bank account without my approval?

Collection Stopper Video FAQ

Unethical debt collectors will often threaten to take money from your bank account. This illegal. However, if they have your permission, which is highly unlikely, or there is a court order then they are allowed to deduct money from your bank account. Each method requires that they place you on a plenty of notice. So, if someone is threatening to take money from your bank account or actual does, that's a violation under the FDCPA.

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