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Can bank funds be frozen in Florida while a lawsuit is pending?
Wiki User
∙ 16y ago
YES!!!!
Wiki User
∙ 16y ago
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What is Frozen Equity?
Frozen Equity is value or money of the shares issued by a company that is frozen, and you would not have access to the value or funds ..
What recourse do benefiers have if the executor does not distribute the funds?
File a lawsuit against the executor for not following the law.
How does lawsuit financing work?
Lawsuit financing works in the way that funds are provided for lawsuits to those that do not have the means to pay for it. Usually the case will proceed and the financing can be paid off in installments.
Can funds be paid into a frozen account?
I don't think so. Banks will not accept any credit or debit transactions on a frozen or blocked account. However they can track the source of the funds that are being sent into a frozen account and inform the law enforcement authorities so that they can take appropriate action
When selling an item on eBay what does it mean when it states pending funds?
It means that payment has been initiated, but the transaction isn't finalized.
Why is your bank not letting a payment through for one of your bills?
Payments can fail for several different reasons: the account has insufficient funds, the check is not signed, the check is stale dated, a stop payment has been ordered or, the account has been frozen as a result of a lawsuit of some kind. Your bank will tell you what is going on if you ask them.
What does pending mean on a deposit in the bank?
Pending means, that the payment instrument that you deposited in your bank is awaiting clearing. Meaning it is being sent back to the issuing bank and funds would then be cleared from the issuing bank to your bank account.
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.
What is frozen investment?
If a person is suspected to be guilty of fraud or embezzlement, the court can order that his/her bank accounts or investment portfolion becomes 'frozen', i.e. the owner cannot withdraw the funds from that account. Frozen bank accounts may remain so until the owner satisfies certain conditions defined by the court or regulatory authorities. In another example of frozen investments, a number of individual and institutional investors who had invested funds into securities before the 2009 market crash found that their investments were 'frozen' as the securities did not attract the requisite values in auctions. This means that they no longer have access to the funds that belong to them.
How did George Jefferson obtain the funds necessary to open his first dry cleaning store?
he won a civil action lawsuit following a car crash
Can the estranged wife have a bank account frozen that is jointly held by her husband and his sister?
Not without a court order. In most instances the only time a court would issue such an order would be in relation to child support arrearages. Even in cases where the husband removed funds from a joint marital account and opened an account with his sister using those funds, the wife would have to file a lawsuit to attempt to recover her portion, (attempt being the key word).
What is the income tax rate in Florida?
Florida does not have a broad based individual income tax. It uses other taxes to generate the funds for government.
