Paypal and Negetive Balance and Legal

Discussion in 'PayPal' started by kolucoms6, May 21, 2009.

  1. #1
    Can paypal sue anyone if anyone balance in negative ?
     
    kolucoms6, May 21, 2009 IP
  2. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #2
    It depends on amount actually because if its small account then it remains Negative balance in your account and paypal sends you reminder about that frequently. But if its big amount then maybe they contact you through phone call as well to recover that.

    DON.
     
    deluxdon, May 21, 2009 IP
  3. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #3
    Well, if you not from US and there is very less amount negative (less than $1000), then there are very less chances that they would do anything.

    They will only keep sending reminders on how to make your PayPal positive. :D

    - Digital -
     
    Digital_shubhi, May 21, 2009 IP
  4. poshswinger

    poshswinger Active Member

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    #4
    It will urge you to top-up the balance first for several times through emails, before it takes legal actions.
     
    poshswinger, May 21, 2009 IP
  5. Dhaval1983

    Dhaval1983 Peon

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    #5
    I think if the negative balance is above $1000 then they may sue you for sure. But if its less than that you only receive the reminders from their end. They may also warn you about the legal procedure if you fail to make your account positive.
     
    Dhaval1983, May 22, 2009 IP
  6. hostpolice

    hostpolice Peon

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    #6
    yes, no need to worry if your balance is < 1000
     
    hostpolice, May 23, 2009 IP
  7. badboy123

    badboy123 Peon

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    #7
    Yeah..as many people said there wont be any problem .
    I have many -500$$ balance..
    till now no problem . Just dont put ur legal address nd fone number.. den no problem :p

    if u wnt to show proof ask me .. :D
    dont worry .. ;)
     
    badboy123, May 23, 2009 IP
  8. rmvalues

    rmvalues Well-Known Member

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    #8
    however,paypal will do freeze your account and you will not able to send and receive money until you reverse the $ to positive balance.
    if usa user,paypal even can takes $ from your bank account. -- their new rules. mention in T&C
     
    rmvalues, May 23, 2009 IP
  9. Dhaval1983

    Dhaval1983 Peon

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    #9
    Well, why only from USA bank accounts? They may also take the amount if your paypal account has negative balance. Why only USA users?/ I guess this rule should be for other countries users too.
    BTW can you just mentioned that URL where you have read this????
     
    Dhaval1983, May 23, 2009 IP
  10. RightMan

    RightMan Notable Member

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    #10
    It is possible only for US citizens to attach and verify using a Debit card or bank account and so effectively, it also means they can charge your debit card/bank account with the amount equivalent to the negative balance.
    Your action to attach a debit card/bank account for verification appears to be vital for them, which I think makes them eligible to access the same for withdrawal...as well.
    I am not a US citizen and hence I am just guessing the procedure here! :eek:

    Regards,

    RightMan
     
    RightMan, May 23, 2009 IP
  11. Hearthrobz

    Hearthrobz Well-Known Member

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    #11
    No need to worry about small balance.BUt you must worry about losing your paypal account.
     
    Hearthrobz, May 23, 2009 IP