If I sell a item over paypal and they try to chargeback after I've already put money in my account...BUT I already called my bank and told them to stop any kind of payment to paypal...so they can't take anything out of my account, but I'm able to still withdrawal into my account...Am I in the clear? what will happen here? anyone know? opinions?
If the payment has already cleared to your bank account, your Paypal balance could go negative and that will prevent you from any further buying / selling / withdrawing money etc. If you don't clear balance after a few weeks they'll contact a debt collection agency in your country and you'll more than likely get a knock on the door. Similar thing happened to me, ended up having to pay the debt collecters the amount + service charges.