Yes, it's possible, especially when you owe banks alot of money, or are charged with graft or corruption.
a freeze on a bank account is put there by a court of law meaning all the assets are frozen for whatever reason either due to a death of the account holder or a crime, this can only be removed by an attorney after everything is disclosed or dispersed either through a will or court order.
No, it is illegal for a collection agency to garnish or freeze your account for any reason. The only way your account can be garnishes is if you owe taxes or child support. If a collection agency threatens to do this, tell them that you are aware of the Credit Reporting Laws on this matter (there is legal ground for this matter).
A bank account can only be "frozen" via a valid court order. Such action is generally taken by the account holder(s) not the judgment creditor. The reason being that the funds in the account are jointly held and one or more account holders are not the judgment debtor.
The reason for this assuption is to represent a fair financial statements, that is why personal transactions of the owners should not be included.
The main advantage and reason for an Ecommerce Merchant Account is that this account type gives an opportunity to process online credit card payments.
Yes they can freeze your account it happened to me for no reason at all! and i dont know about the other part sorry!
a freeze on a bank account is put there by a court of law meaning all the assets are frozen for whatever reason either due to a death of the account holder or a crime, this can only be removed by an attorney after everything is disclosed or dispersed either through a will or court order.
Was the account closed?
They don't have to, but if you ask, they almost certainly will.
That's personal business i agree that is personal to him and his family ONLY!
No, it is illegal for a collection agency to garnish or freeze your account for any reason. The only way your account can be garnishes is if you owe taxes or child support. If a collection agency threatens to do this, tell them that you are aware of the Credit Reporting Laws on this matter (there is legal ground for this matter).
Personal accounts are those type of a/c which are personal while impersonal a/c are types of a/c which are not personal and consist of two other types of a/c which are :Nominal and Real account
Yes. I filed for that reason alone. I signed a lease for a business. I was told I had to sign a personal guarantee. I had to file a personal BK because of it. When I left the lease they tried to sue the business....but the business had nothing, so they came after me because I signed a personal guarantee. I filed a Bankruptcy and it was discharged.
A bank account can only be "frozen" via a valid court order. Such action is generally taken by the account holder(s) not the judgment creditor. The reason being that the funds in the account are jointly held and one or more account holders are not the judgment debtor.
According to Facebook: Maintaining multiple accounts, regardless of the purpose, is a violation of Facebook's Terms of Use. If you already have a personal account, then we cannot allow you to create business accounts for any reason. You can manage all the Pages and Socials Ads that you create on your personal account. You can read their full terms of service at the related link below.
If your personal credit is tied to your business credit, you run the risk of having your personal credit affect your business credit. When, establishing a business, it may seem easier to use your personal credit to get loans, but this could increase your personal risk should the business fail or undergo financial strife. For this reason, it is beneficial to register your business as a completely separate entity from your personal credit. One of the best ways to do this is by registering to receive a D&B D-U-N-S® Number for your company.
Cold temperatures will, if cold enough, freeze water.