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can i claim money from a bank account that i have just found that has not been used in forty years ?

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15y ago

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You loaned your company money but have not claimed it on personal income taxes how many years can you go back to claim the loans?

Claim the loans? You mean claim the interest on the loans, right. Loans are neither a deduction or income.


Do you claim exempt on taxes if your 17 years old and living with your parents?

not unless you make more money than your folks leave them the exemption.


Is there a way to pay a collection agency a current bill without it being applied to a bill over 10 years old first?

Yes. Simply pay the bill using the current account number. If their is a previous account that is over 10 years old, they legally cannot take your money for the previous account!


Where can I find instructions explaining how to open a savings account?

There are many places to open a savings account. One of the best places is Chase. It has great return on your money. It gives you a high interest throughout the years.


What if you had a saving's acct the bank closed and you never got your money?

If you fail to use your savings account for few years and if its balance is small, such accounts will be closed after few years and balance will be transferred to a collection account. Funds collected to this account will be used as an asset of the state. The minimum amount you can keep in a savings account and time periods to avoid this situation are differ from country to country. Please refer to your nearest bank to inquire those information. This is a common banking practice imposed by relevant Central Bank to increase money circulation.

Related Questions

If you invest fifty dollars per month at an interest rate of 9 percent for forty years how much money will you have after forty years?

$120,000


How long can a insurance company request refunds?

If you received money that you were not entitled to and you deposited the insurance check into your bank account and the money was a payout from an insurance claim, the insurance company can swipe the money out of your account without your prior knowledge for up to 3 years. If you received money as a result of a criminal act, the statute of limitations for that crime would guide the insurance company's timeline.


Does the money from a child's insurance claim have to go into a trust until they are 18 years old?

In most states, yes. Because it was the child's claim the settlement proceeds belong to the child and the money is put into a trust account until the child is 18. If the parents feel they are entitled to some of the money - they are the ones caring for the child, driving him/her to doctors, missing work, etc. - they should talk to the attorney about making some sort of claim.


What happens if you have earnings for a pay period that falls between years?

There is no period between years, the year you receive the money is the year you claim the money.


You owe Wells Fargo money from a closed checking account 4 years ago they just opened a new account for you can they take your money from the new account to pay back your old debt?

I do not know about Wells Fargo, but Bank of America can. They took money from an account where I am a co-signer. My old account was closed 6 years ago.


What is the duration of Forty Years?

The duration of Forty Years is 1.42 hours.


What is a period of forty years called?

Type your answer here... Forty years is 4 decades or two score years.


When was Forty Years created?

Forty Years was created on 1938-08-28.


When was Forty Years On - song - created?

Forty Years On - song - was created in 1872.


When did Forty Years' War happen?

Forty Years' War happened in 1385.


How much money will you have if you started with 500 and put it in an account that earned 9.7 every year for 20 years?

How much money will you have if you started with $500 and put it in an account that earned 9.7% every year for 20 years?


How much money would you have if you saved 50 a week for forty-eight years at 6 percent interest?

over $700,000