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What is the maximum length of time creditors can legally freeze an account?
Corbin9212
Debt collectors cannot "freeze" a person's bank account, that can only be done by order of the court. Generally a court will hold the account no longer than 30 days when making a decision as to what if any of the funds contained are subject to a judgment creditor levy.
Wiki User
∙ 18y ago
Wiki User
∙ 10y ago"Freeze" isn't really the right word here. What the bank will do upon receipt of the sheriff's levy is not so much "freeze" your account as basically write a cashier's check to the sheriff drawn against your account. The amount of the check will be the amount of the levy or the available funds in the account, whichever is less.
This normally happens more or less immediately once the bank gets it.
Wiki User
∙ 9y agoA bank can freeze your account as long as it has a legal right to do so. This can be temporary or permanent depending on the situation.
Wiki User
∙ 13y agoFor as long as the court action which froze it orders.
Wiki User
∙ 12y agoIt varies from state to state. Generally speaking, until such time as the judgment regarding the funds in question is made. IANAL.
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Can a creditor get a judgment and freeze your bank account in South Carolina?
A creditor can get a judgment and freeze your bank account in South Carolina, but typically creditors only do this if you owe them a very large amount of money. The cost to do this usually means it's not worthwhile for creditors to pursue this type of action.
Can you husband put a freeze on your bank account when you are still married or going through a divorce?
The courts can order a freeze on your assests during divorce or separation proceedings, especially if it is suspected that you might try to spirit money out of the account that might be legally half his.
If a creditor gives account to attorney for a judgment-can the creditor freeze the debtors business bank account-or just his personal accountCreditor account in my name only co-signed business acc't?
They can legally freeze anything with your name on it. Also know if they can prove your spouse has a checking account with the same bank you do they can take it too. They don't actually freeze it. They take out the balance and refund whatever is left after all their costs. ONLY IF IT IS A JUDGMENT!!!!!
Can they freeze your child account if you are on it?
It depends on how you are "on it". If you are a joint-account owner, then yes they can freeze that account. If you are listed as the guardian of the child (therefore the account is in the child's name, but you control the account) then no they cannot freeze it.
Can a collection agency freeze bank account in ca without you being notified?
Agency cant freeze your bank account at all, They can go to court asking to freeze your account, then a court order only can freeze you account, an account cant be freezed by any third party order.
Can collection agencies freeze your savings account?
No, collection agencies do not have any right to freeze your savings account. Only banks have the right to freeze your account but depends on the nature of the default.
Can a bank freeze your account over a sworn affidavit from an individual statement?
No, a bank will not freeze your account without a court order from a judge. They won't freeze an account over an individual statement.
Who can freeze your account?
Banks and any taxing authority can freeze or suspend an individual's ability to access monetary funds in an account.
Can the police freeze your bank account for a minor hit and run?
No. In the US the police cannot freeze your bank account. That would require a court order.No. In the US the police cannot freeze your bank account. That would require a court order.No. In the US the police cannot freeze your bank account. That would require a court order.No. In the US the police cannot freeze your bank account. That would require a court order.
Can the lady friend of your just deceased uncle freeze his bank account?
If she is a joint account holder the account would now belong to her. If there is no joint account holder then the account would be legally frozen until an Administrator is appointed for your uncle's estate. Until then no one has any authority to access his bank account. You should make certain the bank has been notified of his death.
Can a bank freeze account with out a debt?
Yes, a bank can freeze an account for a variety of reasons. They often do this when they feel their may be a security risk.
What is the past tense of you freeze the bank account?
You froze the bank account.
