I filed a bankruptcy because I was injured and could not work. When I had nearly depleted my savings I paid my utility bills for the next year, leaving enough for food and gasoline up to when I thought I would be well enough to work (I was guessing a year). Then I closed my bank account and used only cash. I landed a job the day after the bankruptcy was awarded so I needed to open a bank account immediately (cashing checks without your own account is very expensive). I had no trouble getting an account at a local credit union. I am hard-pressed to understand why acquiring a bank account would be associated with a bankruptcy, money is money.
Yes, you can open a bank account for your sister as long as you meet the bank's requirements and have her consent to do so.
Closing a bank account typically does not directly impact your credit score. However, if the account being closed is your oldest account or if it affects your overall credit utilization ratio, it could potentially have a negative impact on your credit in the long run.
Yes, a bank can close your account even if there is money in it, as long as they provide notice and return the funds to you.
This depends entirely on the banks involved but typically when a cheque "clears" it can no longer "bounce" It is worth confirming this with your bank however
Most times, the deposit should be cleared into their bank account within 24 hours. The amount will vary depending upon the bank and when you make the deposit.
Yes, you can open a bank account for your sister as long as you meet the bank's requirements and have her consent to do so.
Generally a bank will freeze an account for 30 days before closing the account. After that, they will report you to chexsystems where the report will remain for 5 years unless you file a dispute and attempt removal
Closing a bank account typically does not directly impact your credit score. However, if the account being closed is your oldest account or if it affects your overall credit utilization ratio, it could potentially have a negative impact on your credit in the long run.
It is not common for a bank to lose any account number. It may be a good idea to consult the bank in order to know why the account number is missing.
As long as the bank that has the hold hasn't reported you to chex systems.
Yes Bank of America 24/f Paseo de Roxas Makati, Ph 623-815-5070
Yes. As long as the check is not being cashed, the bank can stamp the check and deposit it.
Yes, Amazon will accept money from a bank account even if it is an Arabic bank as long as the funds are available.
Yes, bank account is an asset (provided it is not a loan or credit card account). Since a Bank account is a place where we deposit and keep money, it can be considered an asset. (And this is only as long as you have cash in your account. If your account balance is 0 it is not an asset)
How long does it take a bank to return a check
Yes, a bank can close your account even if there is money in it, as long as they provide notice and return the funds to you.
This depends entirely on the banks involved but typically when a cheque "clears" it can no longer "bounce" It is worth confirming this with your bank however