Whether your money can be garnished depends on the type of business you have. If you have a corporation, your personal liabilities are separate from your business liabilities, which means your corporation's bank account will not be garnished.
A garnished account is an account that has been levied. Many accounts are garnished as a result of past due taxes or child support.
If it can be proven that the debtor has placed private funds in the account to avoid seizure by a judgment creditor.
No, a minors bank account can not be garnished, if they are the only person on the account. If this is a joint account and the non-minor is subject to a judgment then it can be levied or garnished.
They cannot be taken without due process in the US. They can certainly be garnished or a lien put against them if the court has ordered it. It should be fully explained to you prior to it happening.
if you account is being garnished you would have an order from the court in your area.. Unless it Federal
Can bank account five dollars or less be garnished?Read more: Can_bank_account_five_dollars_or_less_be_garnished
Yea. But I think if you have another persions name on it a co owner, they can't bother it. Yes, your bank account can be garnished if you owe child support.
No
A home cannot be garnished. Your wages or bank account could be garnished. Your home would be liened. Whether or not a lien can be placed depends on who is seeking funds from you and why.
Depends on the laws in your state.
If they get a judgement, yes
Whether you're married or not a joint bank account can be garnished in MA. Garnishments are ordered on the individual's financial accounts and essentially can apply to any form of bank account they own.Ê