If the spouses name isn't on the account, it's illegal. If the spouse signed your name, it's forgery.
The easiest way is to set up an automatic debit against your paycheck or checking account at your bank, with a specified amount being automatically taken from your paycheck or checking account and deposited into a savings account.
Social Security funds are protected against a lien on your checking account. However you will have to prove that the funds in your account are from Social Security. If there are other funds "commingled" then unprotected funds may be seized
Depends on how your business is set up - sole proprietor, corporation, limited partnership, etc.
Yes, you can take out a loan against your IRA account, but there are specific rules and limitations set by the IRS that you must follow.
When you used your debit card, your purchases will be drawn against your savings or checking account, while when you use your credit card, your purchases will be charged to the credit card issuer, which will collect from you with certain interest added to the total amount of your purchases.
an account at a bank against which checks can be drawn by the account depositor.
checking
The easiest way is to set up an automatic debit against your paycheck or checking account at your bank, with a specified amount being automatically taken from your paycheck or checking account and deposited into a savings account.
Yes, you can open a savings account if a bank allows you to. Usually banks are not as strict with savings accounts as they are with checking accounts.
In the majority of US states most bank accounts even those that are joint can be levied by a judgment creditor. The determining factor is how the account is established under the existing state laws. Joint marital accounts in states that are held in Tenancy By The Entirety cannot be levied when only one spouse is the debtor.
It can be hard to open a checking account if you have had a bankruptcy court judgment or bad credit against you. Some banks like NatWest will let you open a Step Account where they track your record for a period of time, then let you move up to a regular account with checking.
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.
Call your bank for an explanation of charges against your checking account. The number is on your statement. They're waiting for your call. Operators are standing by.
When your name appears on a checking account as maker you are accepting liability for overdrafts made on that account which could impact your credit score. My thoughts are that it is an issue about liability. Also the bank wants to be certain that in the event that the account is overdrawn, they are able to collect against you by having your signature on the contract.
Yes. Writing a check on a checking account that is closed/inactive is a crime. Customers are not supposed to do that and if they do, the bank can report it and take legal action against the offending customer. The customer can be fined or jailed for doing so.
As long as you were authorized to write checks, no, the other person has no case to press charges against you.
Sounds like Karma to me.....