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Does child support have the right to withdraw money from your checking account even though they are taking it weekly from your wages?
Wiki User
∙ 16y ago
You should know how much you are paying in Child Support and it sounds rather odd they would take it off your pay check and your checking account unless you aren't making enough money at work to cover Child Support. If this is the case, then yes, they can take that money from you. You should know exactly what you have to pay re Child Support and keep tabs on what is being taken off of your pay check, plus your checking account. You have the right to demand receipts to be sure the Child Support is going directly to your child or children.
Wiki User
∙ 16y ago
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Does debit mean taking out subtracting from a checking account?
18,000
What is withdrawal?
Withdraw is to remove or take away something. It can have many different uses.
Is it legal for a bank to debit my account each time I receive a child support payment because I owe the bank for a prior loan-- The bank is taking money I'm supposed to have for my child?
If you owe money to the bank they are entitled to withdraw it from any monies deposited into your account.
What is the term for taking away money from a bank account?
Debit, withdraw, deficit, charge, collectible, settle, etc., D
What is the opposite of withdrawal?
The opposite act from withdraw (leave, retreat) could be advance. To not withdraw (e.g. from an election, from a location) would be to stay or remain. For the transitive verb (withdraw an object), the opposite is insert.Regarding bank accounts, the opposite of withdraw would be deposit.
If the mortgage lender and the checking account bank are the same does it help to open an account elsewhere to avoid them taking money from the account for delinquent payments?
it is my understanding that the only people who can take money from your account without your permission are the IRS to pay back taxes. unless you sign somthing giving the bank permission to take money out of your checking account I don't think they can do it. make sure you read the fine print of any loan document so you know that you are not giving them the right to take money out of your checking account.
Can an employer withdraw funds from an employee's bank account?
No. Unless the employer is a signer on the account s/he can not withdraw funds from the account. There are very serious penalties for anyone either taking money or giving money from someone else's bank account. An employer can, however, reverse a direct deposit made into an employee's bank account, so it can seem like a withdrawal, but it really isn't. (For example, if a direct deposit were made in an incorrect amount, it could be reversed for the purpose of correcting it.)
What is a work profile of clerk in bank?
1.Recording and organizing loan information. 2.Preparing the monthly balance sheets of checking account customers. 3.Taking care of records for each customer's account.
What is cash withdrawal?
withdraw cash is when you are taking out money dah
Can your bank put a block on your checking account?
Yes, banks have the ability to put a block on a checking account. This usually happens in cases of suspected fraudulent activity, concerns about account security, or court orders. Blocking the account prohibits any transactions from taking place until the issue is resolved.
Different between non deposit taking institution and deposit taking?
NBFC stands for Non-Banking Financial Company. It is a company that provides financial services to customers but does not accept customer deposits and provide deposit accounts (like savings account, checking account etc.) A Bank is a deposit taking institution that provides banking and financial services to customers.
Tell you about annuities?
Annuities are contract sold by an insurance company designed to provide payments to the holder at specified intervals, usually after retirement. The holder is taxed only when they start taking distributions or if they withdraw funds from the account.
