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Does a bankruptcy trustee see the transactions of a bank account?
Wiki User
∙ 13y ago
A Chapter 7 trustee must receive a copy of your most recent bank account, some require the past 2 or 3 months. They cannot go into your bank account without your permission. They will do so only if they see something that is inconsistent with your other information or that may mean you have lied to the court and trustee.
Wiki User
∙ 13y ago
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Can the IRS levy a bank account that is not yours but you are the trustee for that account?
No.
What does TTEE mean on a bank account?
Trustee
What is an account statement?
An account statement is a record of transactions and their effect on bank account balances.
What is account statement?
An account statement is a record of transactions and their effect on bank account balances.
What does TTEE mean of a bank account?
TTEE is standard abbreviation for TRUSTEE.
If your bank account has been frozen because your ex-husband filed for bankruptcy how can you get your funds out?
A bank account can usually only be held for thirty days from the time it is secured. The joint account holder should contact the bankruptcy trustee to learn what is necessary to have their percentage of the funds returned.
Can the IRS levy a bank account that is not yours but you are the trustee for that account?
No.
What does TTEE mean on a bank account?
Trustee
What is a bank statements?
A bank statement is a communication from a bank to a person holding an account in that bank, detailing the value of the holdings in a person's account and the effects of all that person's transactions.
Can the bank seize assets in the bank during a bankruptcy?
If creditors believe the person is trying to remove funds from accounts to keep them from bankruptcy proceedings; creditors can petition the court to freeze all accounts/assets. A bank cannot arbitraily seize account funds unless the depositer has a loan with the bank which includes a set off provision. Even then the bankruptcy trustee can request the funds be returned and included as assets in the bankruptcy.
Can you open a checking account before bankruptcy?
After declaring bankruptcy it is smart to wait six months before obtaining a new account. If a trustee finds that you have XXXX amount of dollars in bank B after closing an account at bank A it will look as if you tried to defraud the bankruptcy law. For chapter 7 wait until discharge for chapter 13 as long as you are making timely payments it doesn't matter.
What is an account statement?
An account statement is a record of transactions and their effect on bank account balances.
What is account statement?
An account statement is a record of transactions and their effect on bank account balances.
What does TTEE mean of a bank account?
TTEE is standard abbreviation for TRUSTEE.
What is a bank account that permits direct payment to a third party?
Transactions Account
In Chapter 7 does a trustee have the ability to monitor your bank account activity after your 341 meeting while waiting for bankruptcy to be discharged?
Our attorney told us that our case (including bank records, etc.) would not be reviewed again after the 341 meeting.
Can a bank share your checking transactions with your spouse if they are not on the account?
NO THEY CAN NOT THEIR NAME HAS TO BE ON IT
