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What else can I help you with?
Can the primary account holder remove the name of the secondary holder?
Pay off the balance and close the account. Then reopen a new account with only the primary holder.
Can the primary account holder remove his name from an account leaving only the secondary account holder?
Not enough information. What kind of account? What are the institutions, or the lenders rules regarding this? Was it done with criminal intent?
Can a secondary card holder remove himself from an account leaving only the primary card holder's name?
Usually, a new card is issued in the primary card holder's name. Usually both parties on a credit card have to sign off to eliminate the secondary card holder. Your credit card holder can help you with this.
Can a primary card holder's name remove himself from an account leaving only the secondary card holder's name?
Any account that carries a balance that is owed by both parties will not go away when one party takes their name off an account. That will not work that way with the lender.
How do you remove one joint account holder?
Speak with the bank rep or bank manager; and have them remove the person as a signer to the account and then you will have to resign a new signature account.
How can the primary account holder remove the name of the secondary account holder without closing the account?
This is usually not possible. You should check with your bank for details on their specific procedures because every bank is different. However, most banks will require you to close the account and open a new one - removing just one person is not possible. This is to remove any confusion that could occur as a result of removing someone from an account. The only times a person can be removed from an account are typically due to death or if the account is a business and an authorized signer needs to be removed for business needs.
Can you remove a persons name from your checking account if they are not listed as a primary?
If the person's name is not listed as a primary account holder, you usually cannot remove their name from the account. Only the primary account holder can make changes to the account. A joint account holder can be removed if both parties agree, but it may be best to speak with your bank for specific guidance on your situation.
How do you get any credit card benefits if one of credit card holder has died?
If you are a joint account holder you can still use the card. The creditor should be notified of the death of the other account holder. They may simply remove the person from the account or require you to open a new account in your name. However, if you are the joint holder you are responsible for the entire amount owed on the account.
Can second holder be removed if dead from joint account?
Yes, most banks will remove a name from an account when presented with proof of death.
Can a secondary holder be held liable for a debt after he has requested that his name be removed from the account?
The person would be equally responsible for any debt that was incurred before requesting they be removed from the account. The answer to this question depends on what you mean by the term "secondary holder". Any two persons who jointly sign a contract for a debt until it is paid are liable for the balance. This applies to mortgages, car loans, student loans and other types of closed-end installment accounts. There is nothing that can remove a name from the contract. Revolving accounts, like credit cards, are different. It is possible to open an individual account and add another user, an authorized user, to the account. It is customary for this account to be shown on both person's credit bureaus files. In actuality, only the initial account holder has true liability, since only that person qualifies as a "debtor" under the strictest terms of the Fair Credit Reporting Act. I've experienced many instances where someone's name was "removed" from an account, IN CUSTOMER SERVICE RECORDS. This has simply made it more difficult to track down the correct nature of the account and has never taken someone's name off a contract, nor relieved their contractual liability.
Is OSI a reputable company why can they remove money from your account without authorization and keep it for 2 weeks?
OSI is a large collection firm that has affiliates throughout the U.S. The only way they could remove money from a bank account is with the permission of the account holder, or a court ordered judgment that was executed as a levy on the bank account. If monies were removed under any other circumstances OSI and the bank that released the funds are subject to civil remedies, such as the account holder suing for damages incurred. If the account holder previously allowed a one time withdrawal, OSI can simply claim it as a misunderstanding, and probably avoid any legal ramifications.
When a judgment has been made against a person will this affect checking or savings accounts in Michigan?
A writ of judgment can be used to levy a checking or savings account that belongs to the debtor. Joint accounts can be partially protected but the other account holder must file the proper documents with the court where the judgment was granted. The bank has no obligation to notify the account holder(s) that the account has been levied. The account holder(s) should remove funds and close the account if at all possible. This can only be done BEFORE the judgment has been executed.
