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Can the bank seize assets in the bank during a bankruptcy?
If creditors believe the person is trying to remove funds from accounts to keep them from bankruptcy proceedings; creditors can petition the court to freeze all accounts/assets. A bank cannot arbitraily seize account funds unless the depositer has a loan with the bank which includes a set off provision. Even then the bankruptcy trustee can request the funds be returned and included as assets in the bankruptcy.
Importance of exim bank of India?
the exim bank given support to the exporter and importer in terms of monetry as well as other work.
What is the importance of Automated Teller Machine?
Atm help you withdraw without going to the bank
Importance of logic to bank?
Logic is very important for banking. You have to have an analytical mind to figure out problems and find solutions.
Importance of ATM machine?
ATM Machines hold a great importance in our day to day life. They are our staple whih we use it to withdraw immediate cash out of the bank without standing in a long queue.
What is the position of Tycoons Empire international ltd Chennai in MLM business?
How can safe to investment to depositer how can depositer investment to risk to long time how can company profitable and distribut to depositer high interest for depositer investment to 10% p.m. Company working to rbi how can future to company
is strata bank solvent?
According to Bankrate.com's "Safe and Secure" rating system, Strata Bank of Medway Massachusetts earns only one star, Bankrate.com's lowest rating for solvency. Strata Bank is FDIC insured (as of 7/20/09, at least) so deposits of up to $250,000 per depositer are protected in the event of the bank's closure.
Can the bank seize assets in the bank during a bankruptcy?
If creditors believe the person is trying to remove funds from accounts to keep them from bankruptcy proceedings; creditors can petition the court to freeze all accounts/assets. A bank cannot arbitraily seize account funds unless the depositer has a loan with the bank which includes a set off provision. Even then the bankruptcy trustee can request the funds be returned and included as assets in the bankruptcy.
Importance of first national bank?
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What is policy importance to prevent bank profitable?
policy to prevent bank profitable is the important policy that can prevent profit of bank when the monetary policy change
Importance of exim bank of India?
the exim bank given support to the exporter and importer in terms of monetry as well as other work.
What is the importance of protection?
hackers are out there and some data e.g. bank details can be stolen
What is the importance of a bank reconciliation statement?
In order to see the difference between a bank balance and cash book,and see whether cheques or deposit made all appear in the bank statement
What is the importance of bank reconciliation statement?
In order to see the difference between a bank balance and cash book,and see whether cheques or deposit made all appear in the bank statement
What is the importance of Automated Teller Machine?
Atm help you withdraw without going to the bank
What do you know by bank .explain functions and importance of bank?
A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:Accepting DepositsLending LoansProviding Bank AccountsProviding Credit Cardsetc.
Who is liable for a fraudulent cashier's check if another party purchased it and it was deposited in your bank account?
It is likely all parties involved, the forger, purchaser and depositer will be held accountable until it can be proven otherwise. The fraudulent use of a cashier's check is a federal crime, it would be advisable for anyone having a connection or knowledge of the event obtain legal advice or representation and not volunteer information regarding the issue.
