Yes, you can open an account with anyone you choose to.
Just be careful though! Who ever is the primary on the account (the person listed first on all of the paperwork) will be held responsible if the other joint holder overdrafts the account, and this primary account holder can also be put onto chexsystems do to the joint owner's actions.
No, not without being on his account...or actually having approved access to it by him.
A standard checking account at most banks is an account where a person puts money in, and then they can write checks to pay their bills or get cash. A standard checking account might have a minimum balance the account holder has to maintain, without being charged a service fee.
if you account is being garnished you would have an order from the court in your area.. Unless it Federal
A standard checking account at most banks is an account where a person puts money in, and then they can write checks to pay their bills or get cash. A standard checking account might have a minimum balance the account holder has to maintain, without being charged a service fee.
That is close to being correct, but not quite. A better phrasing would be, do not leave a large balance in your checking account.
Take all the money out and close it out as fast as you can.
The easiest way is to set up an automatic debit against your paycheck or checking account at your bank, with a specified amount being automatically taken from your paycheck or checking account and deposited into a savings account.
Yes. All sorts of fraudulent activities can lead to a checking account being frozen. The bank may temporarily freeze the account if they suspect fraudulent activities in the accounts transactions. And, the bank can permanently freeze the account if there is a legal advice from law enforcement agencies reg. your account
NO.
If the money that is being deposited into the checking account is a gift, then they do not pay taxes. However, if this is a business transaction, then they may have to pay taxes.
Yes
No, but it will impact whether you will be allowed to open up a checking account.