Jake No Chat: Given that situation, they should just be allowed to freeze what is owed.
They can debit what you owe. I suggest you put your $10,000 in a diffenert bank
They would just pull out what you owe them. If this is an ongoing issue, you could find your account closed and the bank asking you to come in and pick up your remaining balance.
If you owe the bank this money then they will just take it. If it is a creditor then they can freeze the account with a Court order. So pay up as it could take years to get another bank account.
Pay your debt and stop being stupid. Your bank account can be frozen and for £500 you could also be made bankrupt……. just pay your debts and be done with it
If there is any indication that you have no intention of paying your debt, the Inland Revenue will freeze ALL your assets until the matter is settled….
Your question implies that you intend to evade your debt….you MIGHT want to consider taking it down before 'tis too late!