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Can a wife's bank account be garnished because of a judgment against her husband for an unpaid debt in his name?
Generally they can't garnish your account for a debt in your husbands name only unless he also uses your account - as in a joint account or his pay is deposited in the account.
You won a judgment in court can you go after a car if it is in her and husbands name if judgment is only against one person?
provided they married in community of property (what is hers is his)
Can a joint bank account be frozen in Missouri if one owner has a judgment against him?
yes a joint account in the bank cab be frozen if a person has a judgment against him. That account wth that number is frozen or the other partner will withdraw all the money.
Can a credit card issuer access a personal checking account to pay an account that has been written off?
If there is a valid judgment against the account holder, the judgment creditor can levy the bank account to recover the monies owed according to the terms of the judgment and the laws of the state in which the account is held.
If a person has a judgment against them personally can their business account be garnished or just their personal account?
If a person has a judgment against them, both their personal and business accounts can potentially be garnished, depending on the legal structure of the business and local laws. If the business is a sole proprietorship, the personal and business assets are often considered the same, making both accounts vulnerable. However, if the business is a separate legal entity, like an LLC or corporation, only the individual's personal assets would typically be at risk, leaving the business assets protected. It's advisable to consult with a legal professional to understand the specifics in any given situation.
Can a summary judgment against you in Arizona immediately seize your bank account?
Yes.
If the judgment is against one person and the account is in two names can they freeze the whole account?
yes this is absolutely true
Can creditors take money from your bank account?
Yes, after a judgment has been granted against you
Can a judgment be placed against you personally when when operating a business through a corportation?
Yes
What assets or money can be taken from us if a judgment has been made against us to collect unpaid rent for a business we had to close?
It depends on the details. If the business was incorporated and the judgment was against the corporation the creditor can only take business property and assets. If you owned the business as individuals then a judgment creditor can take any of your assets to satisfy the judgment: bank accounts, vehicles, boats, equipment, real property, etc.
How long can a judgment of freezing an account in NY last?
The Lien against the bank account will expire 1 year after it is placed. A NY judgment is Valid and enforceable for 20 years from the date of entrt.
What is a bank account levy?
A bank account levy is one method for a judgment creditor to recover monies owed for a debt. The judgment holder files the writ of judgment with the clerk of the court where the judgment was entered against the judgment debtor as bank account levy. I If the judgment is allowed to be executed, the sheriff will serve the writ for levy (garnishment) of the debtor's account on the bank where the account is held. The bank can either honor the writ and release the funds up to the maximum of the judgment or request the court to "freeze" the account and decide whether or not the judgment writ is valid. When an account is joint and only one account holder is the judgment debtor, the bank will usually request the account to be frozen. It then becomes the responsibility of the non debtor account holder to provide documentation to the court proving the amount of funds belonging to them.
