This is why your claim bankruptcy. The automatic stay will stop judgment holders from issuing a levy on goods and chattels.
Simply put, no. They can not levy an account from a debtor that is protected under the bankruptcy code.
no because you have no money idiot
by putting u in debt
You do not have to justify using money in your bank account unless you are in the middle of a bankruptcy and someone is overseeing what you are doing. There are few occasions where you have to divulge this type of information.
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.
I filed a bankruptcy because I was injured and could not work. When I had nearly depleted my savings I paid my utility bills for the next year, leaving enough for food and gasoline up to when I thought I would be well enough to work (I was guessing a year). Then I closed my bank account and used only cash. I landed a job the day after the bankruptcy was awarded so I needed to open a bank account immediately (cashing checks without your own account is very expensive). I had no trouble getting an account at a local credit union. I am hard-pressed to understand why acquiring a bank account would be associated with a bankruptcy, money is money.
No they do not close your Checking or Savings account
Yes you can change a joint bank account before a Chapter 7 bankruptcy. You should have your finances in order before you file a bankruptcy.
You can open a bank account immediately after filing for bankruptcy. There really is no waiting period.
Yes, if the bank holding the account allows it. When a person files for bankruptcy, depending on the type of bankruptcy you filed.
Only the State and Federal government institutions have the right to levy your bank account directly. Banks can take your paycheck to cover insufficient funds in the check-owner's bank account (with that bank) but cannot do so just because the owner of the account is filing for bankruptcy.
no because you have no money idiot
yes...if the bank agrees.
by putting u in debt
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.
Was that debt including in bankruptcy.
If you have filed for bankruptcy as an individual, rather than as a couple, then you are only filing on your personal debts. Following this logic, only those funds that are yours (so your share of the bank account, if that is possible) will be "up for grabs." Your bankruptcy status should not have an effect on your partner.
You do not have to justify using money in your bank account unless you are in the middle of a bankruptcy and someone is overseeing what you are doing. There are few occasions where you have to divulge this type of information.