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The creditor will still have to file for a judgment in circuit court before they can take any action against nonexempt property belonging to the debtor. Bank account levy is possible in the state of Texas, wage garnishment is not.

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โˆ™ 2006-03-06 01:54:04
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Q: Can a checking account be attached to satisfy an award in favor of a credit card company by an arbitrator in the state of Texas?
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Is it lawful for a company to find out from a bank how much money you have in a checking account?

No. A company cannot have access to certain pieces of your personal information, including your personal checking account...


Checking Account?

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What is the term for money kept in a checking account?

A checking account is called a "demand deposit" because it is available for transfer to another individual or company by writing a check or draft.


Can a credit card company garnish your checking account?

Not without a court order.


Is it safe to have an online-only checking account?

An online only checking account is safe if it is offered by a reputable company. Some reputable bank companies are PayPal and ING DIRECT.


Is there a difference between a signer on a checking account and an owner of the account?

The owner of an acount is the party responsible for the provision of sufficient funds to the account. A signer on an account is a party authorized by the owner to withdraw from the account. Example: Company ABC owns the account; Treasurer Mr. XYZ is authorized to withdraw funds (make payments, etc) from Company ABC account. The owner of the account can also be a signer of the account as in a personal checking account.


How can one use a commercial checking account?

A commercial checking account is a bank account for a company to be able to have access to money easily with the ability to withdraw via checks, online services, ATM's and electronic debit.


How can a person have a DDA account But no checking account?

i was wondering bout the same thing at first til i asked. it still depends on the company youre working for. i myself dont have a checking account but get my pay as direct deposit. they wire it through my savings account instead.


What other company will allow someone open a checking account other than a Bank?

Some companies that will allow one to open a checking account other than a bank are: Think Money, First Direct, Second Chance Checking Account, Post Office Account, Cash Plus, eccount Money, Secure Trust Bank.


ARe there free online business checking banks?

Many banks may offer to waive your monthly business checking fees, but they may limit the amount of transactions that you can conduct with your company checking account. If your business does more transactions than your specific business checking account allows, you will be assessed additional fees.


Can anyone garnish a checking account in the state of Florida?

My husband had co-signed for a car for his daughter over 7 years ago before I even ment him and the car was reposesed for non payment. The loan company came after my husband and a judgment was filed against him. Although he did not have his own checking account, we have a joint account. (I put him on my account after we married). Unbenounced to me, they went into my checking account seized it and took every penny I had. So yes..this does happen. Be carefull about who you have a joint checking account with, because It happend to me!


What should a company look for when signing up for business checking accounts?

A company looking for a business checking account should look for incentives such as higher interest rates and no fees. A company may also want to consider a bank that handles payroll for their employees.


Can you deposit a business check to your personal account?

No, you cannot deposit a business check into a personal checking account. You can only deposit a check into an account that shares the same name, i.e. A check is made out to ABC company--it can only be deposited into an account that is titled ABC company. It cannot be deposited into a personal account--even if that is the personal account of the owner.


Is there a loan company that will do payday loans with a savings NOT checking account?

Highly unlikely. The check you offer them is a legal promise to pay. With a savings account, you have no means of making such a promise.


What is the journal entry in purchasing software?

If you are a company and purchasing software for the company then the entry would be a credit to the checking/cash account and then a debit to an expense account.


SAMUDRA - GV SDN BHD is it a registered company?

I didn't check.But as far as i know any company that has a current(checking) account needs to be registered first before the bank would even consider granting them a current account.


When a company mistakenly withdraws money from your checking account how long to they have to credit it back to your account?

Generally just a few days but in some cases it can take up to 7 -10


How can a firm operate with a negative cash balance on its corporate books?

Hi .... To ans to ur question, I would like to giv u one example.. If Company X issue cheques for more than its bank balance and sends them to its vendors. When the cheques get back to Company X's after checking its account, at that time Company X's bank will have two options when Company X's checking account does have not sufficient funds to cover the cheques: 1. The bank could pay the cheques and allow Company X's checking account to be overdrawn. (Some call this an unauthorized loan by the bank.) Company X then has the obligation or liability to repay the bank for the courtesy extended to Company X. 2. If Company X's bank does not pay the cheques because the account has insufficient funds, the bank will return the cheques as NSF (not sufficient funds). These cheques are returned throught the banking system and eventually the bank of the payee will take the amount of the cheques from the payee's checking account. The payee will in turn reinstate the liability amount owed to it by Company X. In essence Company X did not eliminate its liability to the payee by issuing a worthless cheques...........


What is the process in writing a checking account check?

Here is the process in wrinting a checking account check: First Write your name of the person or company that you want to pay then write the date you are writing the check. Write the amount of the check using numbers. Write the reason for the payment.


Should I provide my checking account information to qualify for a new credit card?

In the age of identity theft, it is hard to tell what you should give to a credit card company and what you should not. If you don't feel comfortable giving the credit card company your checking account information, then you shouldn't. Most credit card companies base your approval on a credit card via your credit score. If the company seems fishy or pushy about getting your checking account information, then you should tell them politely that you aren't interested and try going with a brand of credt card that you know and trust.


What kind of company is Dollar Bank?

The Dollar Bank is a financial services company. One can open a bank account with them including checking or savings accounts. They also offer mortgages and loans.


Can a credit card company freeze a checking account of a diabled person?

No creditor can freeze anyone's assets without court authorization--disability or not.


BF won a judgment against you for a collection The collection company has garnished your checking account you cannot pay bills or anything your account is frozen This is causing you a financial hard?

Sounds like Karma to me.....


Is online personal checking and banking safe?

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How To Get A Checking Account?

Getting a checking account is not as hard as you might think. If you were turned down due to a credit check at a local bank, you should realize this happens to millions of people, but it is not the end of the road. There are actually cheaper, smarter methods to go about setting up a checking account.GreendotOne answer to most checking account questions is Greendot." Greendot is a type of pre-paid credit card that you can pick up from most Walmart or Walgreens. This card, once activated, is usable just as any other credit or debit card. The catch is, it comes with an attached bank account from GE MoneyBank. This is for the same services as any other bank account, such as Paypal, direct deposit or ATM withdrawals. You can store money in this account and withdraw it whenever you believe necessary. It comes with the same routing and account numbers as any traditional checking account.Store cardsGreendot is not the only company that realizes people need bank accounts, even with bad credit. Many stores offer in-store credit or debit cards. These cards all contain the same attached bank account that you can use for direct deposits or ATM withdrawals. This is always a great alternative when the local bank does not allow you to set up an account. These cards are often cheaper and come with less strings attached than the usual checking accounts.Always review the interest rates and charges of any card you are considering purchasing. Check out all the available options, and make a wise decision. Always stay safe when you are setting up an account of any kind and make sure it is through a reputable source. Do not open up more cards than you can pay for, and try to keep your purchases limited when necessary. These cards are a great solution for when you need to set up a checking account in a hurry, but you still want to remain secure."