0
Can a permanently disabled person's bank account be frozen from a debtor?
Wiki User
∙ 9y ago
Your accounts could be frozen or seized depending on the laws in that state but if you are collecting disability that money is exempt.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Can joint checking accounts held by persons who are not married be garnished?
Yes. A joint account held by persons who are not married nor related can be levied by a judgment creditor to the extent of the funds in the account that belong to the debtor.
Is debtor account a real account?
Yes, it is a real account
Can a joint bank account be levied by a judgment creditor when only one account holder is the debtor?
Yes. Usually when a joint account is garnished by a judgment order and only one person on the account is the debtor, the court will 'freeze' the account and the non debtor account holder will need to submit proof of the amount of funds in the account that belongs to them. An exception could be,if the account is held by a married couple as Tenancy By The Entirety and only one spouse is the debtor.
Can a bank account held soley by the non debtor spouse be levied for the debtor spouses debts if the couple reside in a non community property state?
If it can be proven that the debtor has funds going into the non debtors account then the amounts that are going into the non-debtors account that originally were funds belonging to the debtor can be levied.
Can Missouri put a tax lien on a joint checking account between you and your boyfriend when you file single?
Yes, assuming that the reference is to a bank account levy to collect taxes due. When a bank account is held by persons who are not married then the entire account can be seized and the account holder who is not the debtor has to petition the court to release his/her funds. The court will ask for proof of the amount that is claimed by the non-debtor. If no proof is available then the judge will rule on what if any amount should be returned.
What is a debtor ledger?
its a ledger which contains a personal account for every debtor who owes some money to a business
Can a debtor take money out of your account without your permission?
no
Do i get a debit card for a debtor in possession account?
YES
If the original credit card issuer sells a defaulted account can the purchaser of that account obtain a judgment against the debtor account holder?
Yes. Once an account has been sold it becomes the property of the collector/collection agency that buys it. The collector can then file suit against the account holder debtor for the amount owed and if a judgment is awarded against the debtor it can be enforced in whatever way allowed under the laws of the debtor's state to collect the debt that is owed.
What is a subsidiary debtor ledger?
its a ledger which contains a personal account for every debtor who owes some money to a business
What is the difference between a sundry debtor and a sundry creditor account?
sundry debtor is whom they baught goods on credit basis
Can a creditor freeze bank accounts in New Jersey?
A judgment creditor can levy a bank account(s) held by the judgment debtor. An account can be frozen by the court when it appears that funds might be removed and/or transferred to avoid the judgment levy or to allow the judgment debtor to claim exempted funds in the account(S) or when the account is jointly held by a person who is not a judgment debtor. A joint account holder who is not a judgment debtor is required to present documents proving to the court the amount of funds that belong to them and which are not subject to a judgment levy. In some instances when an account is held jointly by a married couple and only one spouse is the named debtor the entire account will be exempted from a judgment creditor levy.
