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Paypal negative balance

Discussion in 'Ebay' started by worldave, May 2, 2013.

  1. worldave

    worldave Newbie

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    Have a few questions about paypal negative balance.

    I have some accounts with negative balance of over £600 but under £800

    These accounts are new, one with 2 feedback but buyer only. The other with none.

    I have many accounts that are all running really well with a lot of profit coming in.

    But Unluckily I got two buyer scammers.

    My question is how far can this go seen as I have more than one..

    Can they look into my bank details (not paypal of course)

    My account is all in stealth except my bank of course.
     
  2. iampresent

    iampresent Junior Member

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    Howd you get that much in the hole on a new account? paypal will definitely try and collect that balance from you
     
  3. worldave

    worldave Newbie

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    Sold some items on ebay for a friend, but he didn't send recoreded delivery and the buyer decided to say they never got the items

    (I know the person sent the items)
     
  4. mrsix

    mrsix Power Member

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    I had an account go $1K in the neg thanks to an old client claiming his card was stolen... paypal caught wind of it and reversed all of the recent payments he sent, completely screwing me. I left the account (no bank accounts attached) and they eventually sent the amount to a collections agency and reported it to the credit agencies.

    In short, they will try to collect the money.
     
  5. Izzma

    Izzma Regular Member

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    I was a victim of a scam for 160 USD. It put my balance at -170 USD as they added a 10 USD surcharge on top of the negative balance.

    I contacted them within a week saying I would resolve the negative balance very shorty. Right after that they sent my account a collections agency in Quebec :cussing:

    I paid my balance a day later and complained as much as I could. Long story short. If you have a negative balance for over 20-30 days, you will be sent to a collection agency. I would do my best to resolve the negative balance bro.

    Best of luck,
     
  6. iampresent

    iampresent Junior Member

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    Yeah that deffinitley sounds like paypal, taking the customers word, screwing the seller without giving it a second thought. been there and played that game before
     
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  7. worldave

    worldave Newbie

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    The account is stealth and i'm in the UK.

    I know that they can't come to the house because you didn't sign an agreement.

    I just want to know if they can do anything with my bank details...
     
  8. 33mo23

    33mo23 Newbie

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    Been there..
    no fun.
    I was scammed a few years back and was right $1k over drawn on Paypal. After about a week, they simply took the money from my bank account that was tied to my paypal.
    Lesson learned, don't get scammed and don't tie bank account to paypal.
     
  9. iampresent

    iampresent Junior Member

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    From what I have seen they usually do what they did to mrsix, and izzma. But like in ste hughes situation that comes from the debt collectors, they can handle the debt how they wish (ofcourse within the limits of the law)
     
  10. PandaDomo

    PandaDomo Senior Member

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    I don't know what other people are talking about, but here's my experience with overdrawn fees. Keep in mind, this is in the U.S. so it may be different if you're in a different country.

    - You are allowed to go negative within a limit. I hear this limit varies amongst people, but PayPal usually lets some limits slide. I went negative $130 due to some chargebacks (not my fault, I was selling virtual goods which is not covered by PayPal) but they never sent a baliff after me.
    - Last time I checked, they are not allowed to just simply take money out of your bank account. This is illegal. They'll only send you constant e-mail reminders that you owe them money, nothing more.
    - Baliffs are only sent to you if you owe them incredulous amounts, although I think in your case they might do so (but you have a stealth account with fake address).
    - All connect accounts with the same address will have their funds taken out to pay for the deficit. For example, if all accounts are linked to one address, they will take money out of Account B to pay for Account A. This has happened to me before.

    This is just my personal experience, but I hear a lot of things vary from person.
     
  11. worldave

    worldave Newbie

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    I'm to sure if they can track me down with just my bank account attached. I don't beleive this can be done, but would like to double check, otherwise i would rather pay up. But don't believe they can do this.

    I know that the UK is totally different to the US as they don't have much jurisdiction over here.
     
  12. Ste Fishkin

    Ste Fishkin "I'm watching you.." - Apricot Jr. VIP Premium Member UnGagged Attendee

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    You know why companies can sell debt so easy

    because it gets recovered.

    My first job was tracking people down for a legal firm.

    I could have your address and phone number from your email address.

    Tracking from a bank account is easy.
     
  13. worldave

    worldave Newbie

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    You do realise everything you just said is illegal right?

    So no way would a 'legal' firm let you do this.
     
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  14. iampresent

    iampresent Junior Member

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    I will add that paypals headquarters is in the UK, but in reality unless its an extreme case I don't think you have to worry about anything other than paypal trying to withdraw it from your account.
     
  15. Izzma

    Izzma Regular Member

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    Pay up or loose your account(s). Period.
     
  16. Plousrt

    Plousrt Newbie

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    You need check if you haveny refûnd
     
  17. TheArticleMan

    TheArticleMan Power Member

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    Your bank account is linked with your real details.

    They will either charge the negative amount to your bank account or hire bailiffs to collect the sum. As it is a considerable amount they will get the money back, as your in the UK it would be hard for you to hide. (As you've said your bank account is linked meaning they can get your details pretty easily).

    Pay up and move forward.
     
  18. OldSalt

    OldSalt Moderator Staff Member Moderator Jr. VIP Premium Member

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    Ok, I just cleaned up the argument - if you don't have anything constructive to say, then don't say it.

    AND the next one to attack another member with abusive language will earn a vacation... got it?
     
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  19. worldave

    worldave Newbie

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    Can they actually find my info from my account number and sort code?
     
  20. Panther28

    Panther28 Elite Member

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    There is no way they can, the data protection laws for this in the uk are tight as. you just won't be able to use those bank details for another account ever again.

    Just speak to your bank, and say that someone got your account details, and you need a new one setup. Or you can use irish savings accounts, which normally let you pay straight into them, and have instant sort code and account details when you register online.

    Close your bank account, so they don't try to chargeback into your overdrafts, (different depending on the bank) and get a new setup, and expect to receive the claims letters to your paypal address. Impossible that they can get you via your bank account, totally impossible. They never got me, and this happened so many times. (12+)

    I phone up your bank and say "i'm from this company, please send me the address details of your customer." total break of the data protection laws, and anyone who works in a bank will NEVER give your details out. Its the first thing you get taught working for a bank.
     
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    Last edited: May 3, 2013