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Originally Posted by NO ID  well explained - but i read some where before that paypal will refund the buyers money out of pocket and then you need to pay them back - this is the reason to have a negative balance - its negative because they took money from you that you dont have in the account?? - what happens to the buyer if you dont have money and never pay NEVER? - paypal also has a collection service to try to get their money back but dont know if its legitimate or a scam. - as far as account type goes i have a business account and its now negative and i never paid and i opened up a premier account after they told me i can never have another paypal account - when i call paypal customer service they are not very bright - we know more than them - any way they never took money from my premier account to balance out my negative business account - dont know why and dont care - but i called them again and they always ask which account i am calling about so they know i have two accounts and i have no problems or limitations or disputes and they just never bothered me about anything?? - paypal sucks! - but not this time around for me at least! |
Have you read the
Stealth Book yet? If not I highly suggest you purchase it. It doesn't provide you with EVERYTHING you need to know, but it is a great start and will get you headed in the right direction. The reason I ask is because you said you opened another paypal account and then paypal told you you can't have other accounts because your other is limited. If you follow the "stealth" guidelines, paypal will have no way of linking you to your previous accounts.
Just because your paypal account goes negative does not mean paypal has taken the money from you. Say you have $0 in your account, and a buyer opens a dispute for $100. Your account becomes -$100 as paypal likes to "hold" on to money while they are investigating claims. But since you have no money in your account, they are not actually holding anything. If the case is decided in the buyers favor, sometimes paypal will refund the buyer the money and sometimes they will tell the buyer that even though they won the case the seller didn't have the funds to refund and that paypal will attempt to collect the funds from the seller.
This is when collections comes into play. Like I said, paypal doesn't withdraw money from your bank account to resolve disputes. They will send you emails for a couple of months telling you you need to add funds to your paypal account to resolve the negative balance. Eventually if you don't pay, they will send you to collections.
The question I have for you know becomes is your paypal account made with your real info or not? If it is your real info, you can usually get the debt collectors to back off by telling them they need to prove the debt (which they never can in paypals case) or else cease and desist. Their are much more detailed resources on how to do this that can be found on other sites. But if your account is made using stealth techniques, the name, address, credit card, phone number.... all that stuff is not made with your real info, so the collection agencies will be attempting to collect the debt from a person who does not exist. Haha good luck ever getting those funds paypal
There are other more detailed techniques that can be utilized in this whole process, but they are not things I would post on an open forum. Also one final caveat: I love this site, it has helped me immensely over the past year or so. In addition to the techniques outlined in the
Stealth Book and on the forums, I have developed several new ones of my own to help circumvent ebay/paypal and their policies. I have just now decided to start posting because I have learned so much form this forum and want to do my part to give back to it and help others out. But there is a very fine line between fighting paypals illegal practices and screwing the buyer over. If you are doing the later, you will not get any help from me. Although you may get away with it for a while, karma has a way of dealing with scum who does that so they get what they deserve.
Will paypal take money out of my bank account 
