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Can a lien on your bank account take money from your unemployment check or an SSI payment?
Absolutely. The only exception is a Social Security or disability check. However, if you keep them in an account with ANY other type of funds then they have been "co-mingled" and are not an exception to a lien. Keep your Social Security checks in a separate account or they can take pretty much whatever they want.
What else can I help you with?
What is a payee?
The payee is the one that receives a payment. On a check or money order, the payee is the person the check is made out to. This is the person who can cash the check, or deposit it into his account. On a promissory note he is the one who receives the money from the loan.
What is a written order directing the bank to deduct money from your checking account to make a payment called?
a check
How do you collect the money after filing the unemployment claim?
Each state decides its own methods for dispensing benefits. The most popular ones are by check, by direct deposit in your bank account, and by issuing a debit card for you to use, that the state adds to each payment period.
What is a poker payment?
A Poker Payment is when you Deposit Money to your poker account.
What is the homophone of a payment of money?
check, cheque
Can a check be cashed if no money in its account?
No, a check cannot be cashed if there are insufficient funds in the account it is drawn from. When a check is presented for payment, the bank checks the account balance, and if there are no available funds, the check will bounce. This can result in fees for both the check writer and the recipient, and the recipient may not receive the expected funds.
Why is the payment posted but the money still in the account?
The payment may be posted in your account but the money may not be immediately deducted because of processing times or pending transactions.
Can I send money from my account to another person's account?
Yes, you can send money from your account to another person's account through various methods such as bank transfers, online payment platforms, or mobile payment apps.
What is a check that is dishonored because of insufficient funds?
A check that is dishonored due to insufficient funds is known as a "bounced check" or "NSF check" (non-sufficient funds). This occurs when the account holder does not have enough money in their bank account to cover the amount written on the check. As a result, the bank refuses to process the payment, and the check is returned to the payee, often accompanied by a fee for the account holder. The payee may then seek alternative means of payment.
Can credit card debt be garnished from unemployment?
Technically no. However, if you deposit your checks into a bank account, the money in the account can be seized and you'll have to file legal papers proving the source of the money was in fact unemployment in order to get it back.
How can I prevent accidentally wiring money to the wrong account?
To prevent accidentally wiring money to the wrong account, double-check the recipient's account details before initiating the transfer. Verify the account number, recipient's name, and bank information to ensure accuracy. Additionally, consider setting up payment alerts or using secure payment platforms that offer additional verification steps.
Can you stop payment on a check if its going to over draw your account?
Yes, you can do a stop payment. However, the bank where you issue the stop payment will charge a fee for doing so. Plus, the person to whom you gave the check can sue you for non-payment of money and file a legal complaint against you to the police. This can cause you to be arrested.
