answersLogoWhite

0

it can be frozen at any time if you ask.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What court order needed to freeze bank accounts dueto death?

Probate Courts can issue such an order, which will freeze the deceased's account(s), until the court has had time to probate the estate.


Who can 'freeze' a bank account in Georgia?

A bank account is "frozen" by the court upon request of the plaintiff or judgment creditor for a specific period of time. This action is sometimes used on joint accounts to give the account holders time to claim any exempt funds (SS benefits, monies belonging to a non judgment account holder, etc.) in the account before a bank account levy is granted. A bank account can only be "frozen" by court order or by the banking institution itself when there is proof that the account has been tampered with (identity theft, etc.) or other issues.


When do we debit bank account?

We debit our bank account every time with withdraw (take out) money from our bank account.


What is the maximum length of time creditors can legally freeze an account?

Debt collectors cannot "freeze" a person's bank account, that can only be done by order of the court. Generally a court will hold the account no longer than 30 days when making a decision as to what if any of the funds contained are subject to a judgment creditor levy.


If a freeze was put on your checking account because of a debt how long after you pay it will the freeze be taken off?

A bank account can only be seized by the excution of a judgment writ by the court. The funds can usually be held for a maximum of thirty days, for a ruling to be made on the amount that can be taken. If the debt is paid in full, the account should be reactivated within a reasonable time, generally 2 business days. Unless the account could be used as an offset for monies owed the bank where the account is held. The bank can then claim the entire amount in the account and future deposits to pay the debt.


How long does it take for a store to refund your debt card back to your account after a refund?

The time frame for a debit card to be refunded money from a store will vary from a day to a week. The time frame will depend on how fast the store and the bank take care of the refund.


Can a creditor freeze bank accounts and how long does it take?

A creditor can freeze bank accounts in some instances. Generally, an outside creditor that is not the government can not freeze your personal bank accounts unless they have some court order allowing this. However, if the creditor is also your bank they may have "right of offset" written into their account agreements. This gives them the right to freeze funds or use the funds to offset a delinquent loan or to force the monthly payment. THIS IS NOT THE CASE FOR REAL ESTATE LOANS IN "ONE ACTION" STATES SUCH AS CALIFORNIA. In these circumstances a lender is only allowed to do one thing against you to get repayment. If they touch your bank account they loose to option of foreclosure. The IRS may levy your account for taxes owed. The amount of time these things take depends on the situation.


Can you load a greendot to your own account?

You can load GreenDot Money Card with your own account. You can transfer money directly from your bank account. It takes between 1-3 days and there is a $1,000 limit within a 30 day time frame.


What are the Disadvantages of having a bank account?

The disadvantage of having a bank account is that one day your bank might go bankrupted also there are time your bank account may be frozen.


What are disadvantages of having a bank account?

The disadvantage of having a bank account is that one day your bank might go bankrupted also there are time your bank account may be frozen.


How long is a bank draft valid?

there is no time frame or a bank draft, it is valid for as long as you have it.


When to do we debit bank account?

We debit our bank account every time we withdraw (take out) some of our money.