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If your bank account has been frozen because your ex-husband filed for bankruptcy how can you get your funds out?
Wiki User
∙ 7y ago
A bank account can usually only be held for thirty days from the time it is secured. The joint account holder should contact the bankruptcy trustee to learn what is necessary to have their percentage of the funds returned.
Wiki User
∙ 7y ago
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In Illinois can a bank account be frozen if the person who filed bankruptcy is only an authorized signer or secondary user?
If they are only an authorized signer then the bank account will not be touched. If they are listed on the account as a user, it could be frozen at any time.
Can a creditor put a hold on your savings account after you claim bankruptcy?
When you file for bankruptcy, all your assets are revealed to the trustee and basically frozen. No, a creditor probably won't put a hold on your savings account after you file but they can until your bankruptcy is discharged. Usually a letter from your attorney saying you have filed bankruptcy will stop this action.
What is frozen amount in bank?
A frozen amount in a bank meant that the deposit you have in your account cannot be withdrawn as it is "frozen". One of the reasons why account is frozen is because of a court order.
If a bank account is frozen then why isn't it covered in ice?
because its frozen inside
Can a credit union account be frozen because of a judgment?
Yes
Can you restart a frozen pension after bankruptcy is discharged or does it become obsolete?
I don't really understand your term "frozen pension." Was it not exempt from the bankruptcy proceedings? Or was it held until a ruling was made and then released when the bankruptcy was discharged?
What should you do if your wajas account was frozen because they thought your sibling's account belonged to you?
Email wajasmoderator@gmail.com about it.
Can you buy a house if you have filed for bankruptcy?
If you have filed bankruptcy because you cannot afford to pay your debts, a lender will not loan you money to purchase a house and it just doesn't make sense. You cannot continue to acquire assets while your assets are frozen and in the possession of the trustee in bankruptcy in a bankruptcy proceeding.
Your joint account with your wife had been frozen due to a debt she owed Can your personal account be frozen too as a result of that?
If a joint account with a wife had been frozen because of a debt she owed, a husband's personal account can also be frozen, but it depends on when the debt was acquired and who the money is owed to. A legal professional will be able to advise a person about the laws of their state as it may differ about community property laws.
Can money be deposited into frozen account?
Yes money can be deposited in account when frozen but cannot be taken out.
Can assets of the people you live with be seized if you declare bankruptcy?
Perhaps. If the filing party is on a deed for real property or joint bank account with the others that property might be "frozen" until the amount each party is entitled to is proven. It will depend on what the property is and how it is titled. If this is the issue it would be advisable to consult a bankruptcy attorney.
Your sister is holding your money in a savings account can you have the account frozen until you go to court?
Yes, if you can show the court "just cause" for the funds in the account to be frozen.
