as long there ain't nobody to spend it.
yes
Actually bank accounts can be frozen in a matter of minutes. An account can get frozen if the bank suspects fraudulent or money laundering activities in it or if there is a legal request from law enforcement authorities to freeze a particular account. Either ways the account would get frozen within minutes.
Payments can be made from out of the frozen accounts simply by authorizing the bank to transfer the money in the frozen account directly to the creditor.
Yes.
no
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.
Your accounts could be frozen or seized depending on the laws in that state but if you are collecting disability that money is exempt.
The main document one will have to prepare before death will be one's "Will." After that, it is important to have documents that show proof you are the owner of bank accounts, health-spending accounts, and life-insurance and retirement funds.
Possibly. Contact your bank for more information concerning why your account is frozen and how you should proceed.
A bank reconciliation should be prepared to reconcile the accounts in the company's books and those at the bank. This is usually done using bank statements.
Trust accounts are subject to trust agreements and therefore are dealt with accordingly upon the trustee(s) death(s).
If you have accounts in the bank that holds your mortgage, the bank can take the money in your accounts to set off what you owe in the foreclosure. You should never have bank accounts in the bank that you owe money to. If the bank requires an account, just open an account and put in the amount needed to direct-pay the bank.