In Britain as there are Bank Holidays on Good Friday and Easter Monday, in theory it is possible to be closed for full business on 4 days.
Had a business loan and 2 home equity loans and assets as collateral... delinquent on business since it is now closed but current on equity loans... Can the Bank take all assets and home for collecting the business loan (now closed) plus all assets?
Yes, the bank is closed on a federal holiday.
Yes, the bank is closed on President's Day
i say bank Midwest dose
Yes, in most cases you can reopen a closed bank account by contacting your bank and following their specific procedures.
Visit your local bank and speak with a bank officer.
I cannot locate any real business law that states a bank cannot be closed for a certain number of days.
Had a business loan and 2 home equity loans and assets as collateral... delinquent on business since it is now closed but current on equity loans... Can the Bank take all assets and home for collecting the business loan (now closed) plus all assets?
You cannot access a closed bank account. Only the bank and the law enforcement authorities of a country have access to closed bank accounts.
Was the account closed?
it is not included since the bank is already closed
Yes, the bank is closed on a federal holiday.
No, Associated Bank is not closed on Veterans day.
Yes, the bank is closed on President's Day
i say bank Midwest dose
Business closings may be announced with school closings. If they aren't, you should call the bank.
No not to the closed banks, however the debt is an "asset" it does not "die" with the bank, it moves to another business (which may have purchased the assets of the bankrupt bank). The debts would have to be paid to the new owner of the debt.