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Yes. The very rare exception is if the married couple reside in a state that allows the account to be held as Tenancy By The Entirety and only one spouse is the debtor.

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Q: Can a joint marital bank account be garnished?
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Can the bank legally take money from a joint bank account?

If it is a joint account yes. If that persons Social Security number is tied to that account it can be taken. If they are taking it for a lien or garnishment the best solution is to close the account and open it in one name only. The name of the person not being garnished.


Bank levy on a joint account?

A judgment creditor might be able to levy against a joint account where only one account holder is the debtor. It really depends how the bank account is held and the state laws pertaining to such. One example, joint marital bank accounts held in community property states are subject to levy even if only one spouse is the named debtor.


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.


Can your bank account for salary be garnished for hospital bills?

If they get a judgement, yes


How do you divide a joint bank account?

A joint bank account is something that is owned/controlled by more than one person. So, to divide a joint bank account, the joint account holders have to come to an agreement as to who will be the sole owner of the account. Then, they must visit the bank and submit a written request. The bank will change the account to a single owned account after receiving the No Objection Letter from the other holders of the account.

Related questions

Can a minor's bank acct be garnished?

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.


Can a joint bank account held by two unmarried people be garnished in MA?

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


Can the bank legally take money from a joint bank account?

If it is a joint account yes. If that persons Social Security number is tied to that account it can be taken. If they are taking it for a lien or garnishment the best solution is to close the account and open it in one name only. The name of the person not being garnished.


Can bank account five dollars or less be garnished?

Can bank account five dollars or less be garnished?Read more: Can_bank_account_five_dollars_or_less_be_garnished


Can a student loan garnish a jointly owned bank account in Maryland?

It's possible for a bank levy to be placed on a joint account, it really depends on how the account is set up. Whether or not it is a marital account, a joint account with survivorship rights and so forth may determine what legal action can be taken.


Can a joint bank account in Florida be levied by New Jersey law if only one person is levied upon?

Not if it is a marital account held as Tenancy By The Entirety.


Bank levy on a joint account?

A judgment creditor might be able to levy against a joint account where only one account holder is the debtor. It really depends how the bank account is held and the state laws pertaining to such. One example, joint marital bank accounts held in community property states are subject to levy even if only one spouse is the named debtor.


Can money be garnished from your business bank account for a shortage on foreclosure?

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.


Can my bank account 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.


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.


In Texas can your bank account be garnished?

Yes, Texas is a community property state therefore all joint marital accounts can be garnished regardless of which spouse incurred the debt. Accounts held by persons not married, places the burden of proof as to the percentage of funds belonging to non-debtor account holder and would therefore be exempt from judgment levy.


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.