NEVER give your bank account information nor your employment information to debt collectors..
If the account has his name on it, possibly.
Debt collectors cannot garnish the SSD checks, but they can attach bank accounts. It's best to keep them separate.
Yes, a collection judgment can freeze a bank account. A court order is required. If a bank account is frozen, it cannot be used until the debt is paid.
Yes, but only with a court order perhaps.
Typically any bank account you open will have your social security number on it, which is how your debts are listed, which is how any new account you open will be frozen also. It doesn't matter where you are (at least in the US), it will happen, especially if it is a debt to the IRS. You may want to talk to an attorney if you need to open an account.
No, a debt collector cannot take funds without a garnishment order or court order. No one has access to your bank account but you. Sometimes, the bank account will be frozen before decision is made by the court.
In Colorado it is possible for a debt collector to levy a bank account. It is necessary for the approval from a court in order for a debt collector to place a levy on the bank account.
If a joint account with a wife had been frozen because of a debt she owed, a husband's personal account can also be frozen, but it depends on when the debt was acquired and who the money is owed to. A legal professional will be able to advise a person about the laws of their state as it may differ about community property laws.
A joint account can be frozen by a judgment creditor of one owner. That can cause not only an indeterminate period of inconvenience for the non-debtor owner but also may result in the loss of half of the funds in the account. You should not open a joint account with another person who has a history of debt problems. You can read more about frozen bank accounts in general at the link provided below.
Bank accounts can only be "frozen" by a court order. A lender can request a court to take such action if it can be proven that the debt has plans to remove the funds from such accounts. Bank accounts can also be 'frozen' when they are jointly held so the non debtor account holder can provide documents to the court showing the portion of the funds in the account that belong to them and are exempt from a judgment creditor.
If your bank account has been seized because of a debt you owe, you should call and work out a payment arrangement with the creditor. You should also start a new bank account.
AnswerTry to vacate the judgment through the court that entered the judgment. This may temporarily release your bank account funds if you were not properly served.
If your account was garnished by a govt agency(i.e. the IRS). Then the IRS needs to put that money back into your account not the bank.
Not unless the take you to court, and you lose. If you were sued, and you didn't show up, you lost. Once a judge finds in the collectors favor, they can move to have your wages garnished, including funds in your bank account.
Debit debt accountCredit cash / bank
Yes. A joint bank account is an equal property of all the parties involved in the joint account. So if one of the parties who jointly hold an account owes a debt to the bank, the bank can lay claim to the cash he/she has in an account they jointly hold with another person.
No, and generally debt collectors never leave their office.
i think they can
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.
Debt collectors can indeed take settlement money from someone if they owe debt. These collectors may take from what they need to.
Yes, you are probably overdrawn in your bank account as well.
That depends on the nature of the debt and the laws of your state. You should seek the advice of an attorney to discuss your exposure.