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Yes. The holders of the joint account are equal stake holders in the account and a legal order to receive payment from one of the account holders is enough to withdraw/take funds from a joint account.
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∙ 13y ago
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Is it a violation of court order when the mother does not share medical and school information when you have joint custody?
Yes, if you have joint legal custody.Yes, if you have joint legal custody.Yes, if you have joint legal custody.Yes, if you have joint legal custody.
Can someone else put a lock on your bank account?
If they have a legal claim on money in that account, and they get a court to issue an order, yes.
Is it legal to garnish a spouse's individual account if they don't owe the money?
yes actually it is legal to do soAdditional: To garnish an account must be done through the courts. If the court can be convinced that the account is liable, the court will issue the order - thereforew it is legal.
Can you have a checking account in your name and require 2 signatures to with draw money with out putting that person joint on your account?
No, typically in order to require two signatures for withdrawing money from a checking account, you would need to add that person as a joint account holder. This means they would have equal access to the account and be able to make transactions independently as well.
Can credit card debt be garnished from unemployment?
Technically no. However, if you deposit your checks into a bank account, the money in the account can be seized and you'll have to file legal papers proving the source of the money was in fact unemployment in order to get it back.
Can a person who has power of attorney over a trust account change that account into a joint account?
no In order to change the account you must be the Grantor of the Trust.
Is it legal to buy a money order with a credit card?
YES if the money order seller takes credit cards it would be legal.
Is it possible to open a joint account even if your partner is in abroad?
No, it is not possible. In order to open a joint account all the parties involved will have to visit the bank in person to open the account. You can open a single-holding account now and then, when your partner returns back home, you can add them as a joint holder of the account at a later point in time.
What is dda debit checking via 1llg?
Its a legal order levy, from a creditor with a judgement or the IRS who are legally required to get a judgement and legal order before they levy your account, but they often just notify the bank and the bank turns over your money without a proper legal process.
Is a credit card company allowed to garnish the wife's bank account for her husbands debt?
There are several potential scenarios here:The credit card lender must have a judgment to send an order of garnishment, first and foremost. And, both parties must be listed in the order of judgment.It is possible, if the agreement was signed at the time the credit line was initiated, for some credit card lenders, such as Chase for instance, to take money from an account at the same bank. If the husband and wife have a joint account, the money will be taken regardless of who deposited it.If the bank account is a joint account and an order of garnishment is served, it will not matter who is on the account so long as the party upon whom the judgment is served is on the account.It is possible that if the lender has proof that the husband is sheltering his funds in the wife's account, that a judge may permit an order of garnishment to be served on the wife's account, but only for the funds he deposits there.
Can a creditor levy a joint bank account?
If you are the not named on the judgment levy, you must file a petition with the court where the judgment was granted to have the confiscated funds belonging to you returned. The court will require proof of what portion of the funds in the account were yours. If the account was held jointly by a married couple in a community property state the total amount of the account if not considered exempt (SS benefits, public assistance, private pensions and disability benefits) is subject to seizure by the judgment creditor even when only one spouse is the judgment debtor.
Can anyone freeze a joint banking account?
No. A creditor that wants to freeze the assets in a bank account must seek and be granted a court order. The order must then be served on the bank.
