Well, yes its possible and they have full rights to find out. I probably don't want to know why you're asking! A bank statement comes each month. Who gets that? That statement either includes the cancelled checks or photocopies of the checks. If your bank offers banking by phone, the other person on the account can listen to the check numbers and amounts. If they wanted to find out more (like who a check was written to) they could just call the bank.
A creditor can put an attachment on a joint savings or checking account in NY. When an account is held jointly with another individual, the creditor does not know who contributes more to the account and secures the account as an asset.
Yes. Texas does not allow wage garnishment for creditor debt but it does allow bank account levy even if the account is jointly held.
Yes. You can have anyone you want (Your friend, family member, siblings etc.) as a joint holder of the account. However, if the account is already jointly held by you and another individual and you want to add your brother to it, you need the approval/permission of all the other parties who jointly operate the account before you can add your brother to you.
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.
It's possible for a bank levy to be placed on a joint account, it really depends on how the account is set up. Whether or not it is a marital account, a joint account with survivorship rights and so forth may determine what legal action can be taken.
The Online Savings Account is designed such that you earn high interest but still have your money available at call. You can access it anytime using Phone and Internet Banking. Simply link your Online Savings Account to another bank account, whether with ME Bank or another Australian financial institution. The account must be in the same name as your Online Savings Account or, where the account is held jointly with another account holder, at least one account holder.
in condert
In most states it is possible for a creditor or collector who wins a lawsuit judgment to execute the judgment against checking or savings accounts even when the accounts are jointly held. how about in the state of Texas
Yes, Texas allows a judgment creditor to execute a bank account levy, even if the account is jointly held.
There are pros and cons to spouses sharing a joint account. In today's volatile economic climate, it is more adviasable to have separate accounts. If you wish to have a joint account, use it as a maintenance account for paying joint bills: mortgage, utilities, groceries, etc.
In most instances the entire amount of the account is subject to levy. The exception is if the account is jointly held and only one of the account holders is the judgment debtor.
If the account is held jointly, both parties typically have equal access to the funds. However, laws regarding joint accounts can vary depending on your jurisdiction and the specific terms of your agreement. It is advisable to consult with a legal professional to understand your rights and options in this situation.