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In the State of Michigan can a joint checking account be garnished if only one person on the account has the judgment against them?
Wiki User
∙ 11y ago
yes!
Wiki User
∙ 11y ago
In Michigan, a joint checking account can potentially be garnished if one person on the account has a judgment against them. The funds in the account are typically seen as joint property, meaning they can be used to satisfy the debts of any account holder. However, there may be exceptions if the non-debtor can prove that the funds in the account are solely theirs. It is advisable to consult with a legal professional for specific advice regarding your situation.
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Can your checking account and wages be garnished at the same time?
Not for the same debt, but a wage garnishment can be implemented by one judgment creditor and a bank account levy by an additional judgment creditor.
Can a business checking account be garnished for a personal debt?
If it can be proven that the debtor has placed private funds in the account to avoid seizure by a judgment creditor.
Can a minor's bank acct be garnished?
No, a minors bank account can not be garnished, if they are the only person on the account. If this is a joint account and the non-minor is subject to a judgment then it can be levied or garnished.
BF won a judgment against you for a collection The collection company has garnished your checking account you cannot pay bills or anything your account is frozen This is causing you a financial hard?
Sounds like Karma to me.....
Can your checking account be garnished without wages coming in?
if you account is being garnished you would have an order from the court in your area.. Unless it Federal
Can joint checking accounts held by persons who are not married be garnished?
Yes. A joint account held by persons who are not married nor related can be levied by a judgment creditor to the extent of the funds in the account that belong to the debtor.
If you have a joint checking account in Michigan can a credit card company freeze the account?
Yes, if a creditor wins a lawsuit and is granted a judgment, said judgment can be enforced as a bank account garnishment. A joint account (even a marital one) is subject to attachment to the extent of the debtor's share.
When a judgment has been made against a person will this affect checking or savings accounts in Michigan?
A writ of judgment can be used to levy a checking or savings account that belongs to the debtor. Joint accounts can be partially protected but the other account holder must file the proper documents with the court where the judgment was granted. The bank has no obligation to notify the account holder(s) that the account has been levied. The account holder(s) should remove funds and close the account if at all possible. This can only be done BEFORE the judgment has been executed.
Can a levy on your checking account be reversed?
Yes. If the account holder can prove that the judgment levy is not valid.
If you live in Washington state and your checking account has been garnished can you have an online bank account based in another state that would be free from the threat of garnishment?
No.
Can a checking account be levied on a judgment if the consumer is retired and on fixed income?
Yes.
Does pa law allow checking account garnishment?
Yes, it does. A garnishment can occur only where the creditor has obtained a judgment against you in a court of law. After the judgment is entered, the creditor can garnish your bank account if it knows where you bank. There are some exceptions to this, in that bank account that is jointly owned by husband and wife cannot be garnished, unless the judgment is against both spouses. The second exception is where the funds in the account are traceable to Social Security benefits. For more answers to similar questions on PA laws, please visit my website at www.gregartim.com
