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What else can I help you with?
Can you be on a joint checking account with bad credit?
You can be, although it will be undesirable to the person you're sharing the account with.
Can one person remove the other persons name from a joint checking account?
No, they cannot.
Can joint checking accounts held by persons who are not married be garnished?
Yes. A joint account held by persons who are not married nor related can be levied by a judgment creditor to the extent of the funds in the account that belong to the debtor.
Can I add another person to my checking account?
Yes, a member can add anyone, age 18 or older, as a joint owner to his/her account. As long as the joint individual is eligible for a checking account through the credit union or bank. This person has total access to do transactions on only the specific account they are joint on.
How can you have your former husband's name removed from a line of credit that is linked to your personal checking account so he is not responsible for liablilty or credit reference?
A joint account holder cannot be removed from the account, the account will have to be closed.
If you adds your sister as a second cardholder to an account will your credit be negatively affected by your sister's bad credit?
No. Only is she became a joint account holder, then both persons credit would be affected if any default occurred.
Can a person obtain a credit line on a joint account without the other persons signature?
Nope. And you shouldn't--it's unethical if not illegal.
Is the survivor of a joint checking account responsible for the deceased credit card debt?
Yes - if the account is in joint names, and one of the named people dies, the surviving person assumes all liability for the outstanding balance.
Can a joint checking account be frozen if the account holders are not married?
yes it can..the banks does not care if it is a joint account or not and they do not care if you are married
If you have a joint checking account in Michigan can a credit card company freeze the account?
Yes, if a creditor wins a lawsuit and is granted a judgment, said judgment can be enforced as a bank account garnishment. A joint account (even a marital one) is subject to attachment to the extent of the debtor's share.
Can you drop your name off a joint checking account?
Yes it is possible to do so - PROVIDED - the account is in credit and the other account owners agree. It is best to do this in writing (see related question below). If the account is in arrears (overdrawn) the bank will not let you do this as you are joint and severally liable for the debt.
Joint checking account do both have to sign check?
no
