From experience (as far as I know), if you are a joint holder of the frozen bank account, yes, they can garnish, but check your state statues because you may be exempt from garnishment.
Definately
yes both have equal rights to the money so one could easliy take out all the funds
A standing order or a direct debit allows money to be taken out of your account, as the account holder has authorised the transaction. A transaction that will continue until the account holder states otherwise and cancels any future automatic withdrawal payments.
Yes. A bank account can be levied by the judgment creditor even if the account is jointly held. If the account is joint and only one of the account holder's is the named judgment debtor, the non debtor account holder must submit proof to the court as to the amount of funds belonging to them in order to protect those funds from being seized. When it concerns such joint account the court will generally freeze the account and allow the non debtor a specified amount of time to claim his or her exempt funds that are in the account.
Yes. Any holder of the account is authorized to withdraw all of the funds in the account.
No. Nobody can do that unless they have a cheque signed by the account holder.
an instruction given by an account holder to a bank to pay a specific sum of money at fixed intervals to a person or account
yes
A joint bank account belongs to the surviving owner.
The money market interest rate fluctuates every day. This refers to how much interest is paid daily to the holder of a type of savings account. The account is usually held by a brokerage house. The holder of the account can withdraw these funds very quickly. This is a popular type of account with both casual and serious investors.
How can i get money from BPI, i do not have my EVP 1 and 2 can you please provide me so i can open an account for my name. I am Rizalyn V. Pascual a PetPlan Holder.
Yes, if you know his bank account number. Deposit has no problem but withdrawal is not possible without authentic signature of the account holder.