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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.

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Q: In bankruptcy can they get into your bank account?
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Can a bank take your deposits out of your account after you have filed for bankruptcy?

no because you have no money idiot


How does bankruptcy affect a beneficiary on the living persons' bank account?

by putting u in debt


Do you have to justify using money in your bank account?

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.


Can the bank seize assets in the bank during a bankruptcy?

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.


How long after being bankrupt can you get a bank account?

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.

Related questions

Do they close your current bank account when filing for bankruptcy?

No they do not close your Checking or Savings account


Can you change a joint bank account with a parent before chapter 7 bankruptcy in ny state?

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.


When can you open a bank account after being declared bankrupt?

You can open a bank account immediately after filing for bankruptcy. There really is no waiting period.


Can you keep your chequing account If you go bankkrupt?

Yes, if the bank holding the account allows it. When a person files for bankruptcy, depending on the type of bankruptcy you filed.


Can a bank take your paycheck because you said you were filing bankruptcy?

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.


Can a bank take your deposits out of your account after you have filed for bankruptcy?

no because you have no money idiot


Can you open a separate bank account if you filed for bankruptcy jointly and are now separated from your spouse?

yes...if the bank agrees.


How does bankruptcy affect a beneficiary on the living persons' bank account?

by putting u in debt


If your bank account has been frozen because your ex-husband filed for bankruptcy how can you get your funds out?

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.


Can a bank collect on an old checking account if the customer has filed bankrusptsy?

Was that debt including in bankruptcy.


Will filing chapter 13 bankruptcy affect a recent joint bank account?

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.


Do you have to justify using money in your bank account?

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.