That's at the discretion of the party who won the lawsuit and had the judgment enforced. In general creditors are only open to a settlement/payment agreement before a lawsuit is undertaken.
No, the proper banking term is balance for an amount in a checking account.
Yes, a checking account balance is considered an asset because it represents the amount of money a person has available to use.
To start a checking account at a fifth third bank you must at least have a minimum of fifteen dollars, because fifteen dollars is the cost of the monthly fees to keep the checking account.
A business checking account is different from a personal checking account by the minimum amount of desposit. You can read more at www.business.com › Directory › Financial Services › Banking
It is a booklet used to record checking account transactions. To keep track of the amount of money in your checking account
The amount of money in a checking or a savings account is the balance. The interest is usually based on the balance.
It is a booklet used to record checking account transactions. To keep track of the amount of money in your checking account
The collection agency can freeze your account, and garnish enough to satisfy the FULL amount of judgment, including court costs, attorneys fees AND interest accrued, which averages about 10%. So because the judgment verdict also has attached to it various fees, and accrues interest, the collection agency has the right to garnish the FULL CURRENT VALUE of the judgment. Your court of origin should be able to provide a full accounting of the current value of your judgment.
Pay the amount of the lien to the lien holder, then give him/her the prescribed amount of time to remove the lien. You can do that in writing and make sure it's sent by certified mail and/or paid by an independent third party acting on your request. Your state will have a requirement that the lien be removed within a given period of time following payment. If the lien is NOT removed after you pay the bill, you may have legal recourse.
A bank account can only be seized by the excution of a judgment writ by the court. The funds can usually be held for a maximum of thirty days, for a ruling to be made on the amount that can be taken. If the debt is paid in full, the account should be reactivated within a reasonable time, generally 2 business days. Unless the account could be used as an offset for monies owed the bank where the account is held. The bank can then claim the entire amount in the account and future deposits to pay the debt.
To keep track of the amount of money in your checking account
To keep track of the amount of money in your checking account