A signature on the application.
If it is a joint account yes, unless you can prove that the money is judgment proof
You can not do this unless the account is in credit and then only ifthe other account holder has died (you must be able to prove this as an executor of the dead person's estate)the other account holder(s) agree to this change in writing (they may have to go into the bank in person to do this).Fundamentally the bank must protect the interests of BOTH account holders.
The only way to have an account removed from your credit report is: 1. To prove the account was a result of fraud. Or 2. To let the account run the course which is 7 yrs. from the date it was PAID.
No. A credit card does not prove age or identity.
In Michigan, a joint checking account can potentially be garnished if one person on the account has a judgment against them. The funds in the account are typically seen as joint property, meaning they can be used to satisfy the debts of any account holder. However, there may be exceptions if the non-debtor can prove that the funds in the account are solely theirs. It is advisable to consult with a legal professional for specific advice regarding your situation.
A Joint Savings Account is when two people have joint access to the savings account. If a Wife and Husband, Boyfriend and girlfriend, parents and child open a Joint Account then "either" one of them can access ALL the money in the account. If one of them is involved in an illegal activity the Police can freeze the WHOLE account and "can" take ALL the money. It would be up to you to prove the money didn't come from the illegal activity. (Actually they would freeze separate accounts in the same household also) Good and bad parts are you both can access the money as needed, but the other person can "empty" the account with out your say so.
A Joint Savings Account is when two people have joint access to the savings account. If a Wife and Husband, Boyfriend and girlfriend, parents and child open a Joint Account then "either" one of them can access ALL the money in the account. If one of them is involved in an illegal activity the Police can freeze the WHOLE account and "can" take ALL the money. It would be up to you to prove the money didn't come from the illegal activity. (Actually they would freeze separate accounts in the same household also) Good and bad parts are you both can access the money as needed, but the other person can "empty" the account with out your say so.
No, a checking account is not correlated to your credit score. The only reason why you have to give your social security # is to prove that you have no outstanding debt with any other banks. ______________________________________ Actually, there is a correlation. Having a checking account doesn't improve your credit score, but you can be accepted or denied an account based on it. If you have bad credit, or no credit, you may be denied from a variety of bank checking accounts. I was told by my lawyer it does improve your credit if you keep your checking account in good standings he said the bank report it monthly to the crdit bureaus thats just what i was told
Yes, but only if one of 4 things happens: 1) The creditor agrees to remove it 2) You prove to the credit agency (Experian etc) that it is an erroneous account 3) You prove that the account should not have been reported due to some other factor 4) You dispute it and the creditor does not respond to the dispute
Yes, a joint marital bank account can be garnished in Virginia. If one account holder has a debt that results in a court-ordered garnishment, creditors can potentially access the funds in the joint account, regardless of which spouse deposited the money. However, the non-debtor spouse may need to prove their ownership of the funds to protect their portion. It's advisable to consult a legal professional for specific circumstances and guidance.
To prove a convenience account, you typically need to provide documentation that establishes the account's purpose and the relationship between the account holder and the convenience signer. This may include bank statements, account agreements, and any relevant correspondence that demonstrates the account is intended for the convenience of another party, rather than a joint ownership or shared access. Additionally, it's important to show that the funds are primarily controlled by the account holder and that the convenience signer does not have ownership rights.
one has to prove the nucleus of joint family and creation of properties during jointness of hindu family