Nope, you get a strike. Third strike they ban your account. You can then make another one and do it again.

As someone who sells on eBay fairly regularly, I really wish they would make it one account per address or something similar. That way when fuckers don't pay, they can't just continually do it. It's a pain in the ass to file a claim, wait a week, close it, open up the listing, and then wait for it to end again and cross your fingers they pay this time.