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When you file for bankruptcy, all your assets are revealed to the trustee and basically frozen. No, a creditor probably won't put a hold on your savings account after you file but they can until your bankruptcy is discharged. Usually a letter from your attorney saying you have filed bankruptcy will stop this action.

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Q: Can a creditor put a hold on your savings account after you claim bankruptcy?
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Related questions

Can you still claim bankruptcy with a savings account Can I still keep my savings during a BK?

Probably not; it depends on what the court arranges for you.


How is a claim filed as an unsecured creditor to the US bankruptcy court case 07-23686-RG?

"How is a claim filed as an unsecured creditor to the US bankruptcy court case 07-23686-RG?"


If you are not listed as creditor on chapter 11 bankruptcy?

File a proof of claim


If a creditor is shown on Schedule F of a Ch 7 bankruptcy does the creditor need to file a proof of claim?

Yes


What happens when a creditor doesn't file a proof of claim in a bankruptcy case?

If it is not a secured debt it will be included in the bankruptcy discharge.


Can a creditor file an adversarial claim in bankruptcy court in a personal 7 bankruptcy for something that they contend occurred during a business bankruptcy 2 years previous. No claim was filed then.?

No, a creditor is required to file a claim if seeking payment, otherwise that claim is considered waived. So in this case. if there was no claim, then it was waived and the debt discharged. But even if it was filed, it would have been discharged in the business BK.


Does the creditor have to be in court in a bankruptcy?

No, Generally, they must file a "proof of claim", which can be done by mail...but that is about all.


How does a creditor answer Chapter 7 bankruptcy?

By filing a proof of Claim, or by addressing questions/arguments to the court


Can a creditor claim assets held for a beneficiary in trust in case of bankruptcy of the beneficiary?

Not if the trust was properly drafted by a professional.


What to do if Creditor harassment in bankruptcy?

1. You can file a contempt action in bankruptcy court and ask for attorney's fees and costs. 2. Depending on the kind of bankruptcy and the kind of harassment, you may be able to file a claim in bankruptcy or state court for violations of the debt collection practices act. You may have to send the creditor a certified-mail letter explaining what your complaint is and what you want the creditor to do about it. Check your state's statute and cases. 1. You can file a contempt action in bankruptcy court and ask for attorney's fees and costs. 2. Depending on the kind of bankruptcy and the kind of harassment, you may be able to file a claim in bankruptcy or state court for violations of the debt collection practices act. You may have to send the creditor a certified-mail letter explaining what your complaint is and what you want the creditor to do about it. Check your state's statute and cases.


In bankruptcy can they get into your bank account?

This is why your claim bankruptcy. The automatic stay will stop judgment holders from issuing a levy on goods and chattels. Simply put, no. They can not levy an account from a debtor that is protected under the bankruptcy code.


Can a debt collector demand payment for an amount that has been included in a chapter thirteen bankruptcy?

If bankruptcy is over and the debt was discharged, they creditor is forever barred from taking any action to collect the debt. If the bankruptcy is still pending, the debtor cannot contact you without permission from the bankruptcy court. In either case, you may have a claim for damages against the debt collector.