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In Indiana can a disibility income bank account be frozen by creditors?
Wiki User
∙ 14y ago
yes and no, bank accounts can be frozen subject to a levy or garnishment order, however you have the right to go before the judge within 30 days of the hold being placed on the account to explain your financial problems. If you have not been provided with that notice you should contact the clerk of courts, or a non-profit legal assistance program.
Wiki User
∙ 14y ago
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What is frozen amount in bank?
A frozen amount in a bank meant that the deposit you have in your account cannot be withdrawn as it is "frozen". One of the reasons why account is frozen is because of a court order.
Can a joint bank account in Indiana be garnished or frozen from a judgment on a party who does not deposit funds?
Yes, if the debtor is a named party on the account the funds held in the account can be attached. The only way to avoid this is to close the account completely and reopen an account without the debtor on it. I have heard that it is even best to seek a completely different bank, to avoid errors from occurring.
Does a joint account get frozen when one spouse dies?
Banks handle death in different ways. If your account is frozen, a death certificate will help resolve the issue and unfreeze your account.
How quickly do bank accounts get frozen?
Actually bank accounts can be frozen in a matter of minutes. An account can get frozen if the bank suspects fraudulent or money laundering activities in it or if there is a legal request from law enforcement authorities to freeze a particular account. Either ways the account would get frozen within minutes.
How can you have a bank account frozen?
You can have a bank account frozen by going to an attorney or before a court of law and receiving a garnishment or judgment. If you receive a judgment, it is not enough, you have to have an order to freeze a bank account.
Can money be deposited into frozen account?
Yes money can be deposited in account when frozen but cannot be taken out.
What is frozen amount in bank?
A frozen amount in a bank meant that the deposit you have in your account cannot be withdrawn as it is "frozen". One of the reasons why account is frozen is because of a court order.
If your checking account is frozen because of a judgment do you have to pay the entire amount or can you settle?
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.
Can a joint bank account in Indiana be garnished or frozen from a judgment on a party who does not deposit funds?
Yes, if the debtor is a named party on the account the funds held in the account can be attached. The only way to avoid this is to close the account completely and reopen an account without the debtor on it. I have heard that it is even best to seek a completely different bank, to avoid errors from occurring.
Your sister is holding your money in a savings account can you have the account frozen until you go to court?
Yes, if you can show the court "just cause" for the funds in the account to be frozen.
Close a bank account that is frozen?
If a bank account is frozen, it can be closed by visiting the bank. A person can also close their bank account by calling the bank and speaking with a representative.
If a bank account is frozen then why isn't it covered in ice?
because its frozen inside
What animal brain do they eat in the Indiana Jones movies?
Frozen monkey brains are eaten in Indiana Jones and the Temple of Doom.
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.
Does a joint account get frozen when one spouse dies?
Banks handle death in different ways. If your account is frozen, a death certificate will help resolve the issue and unfreeze your account.
How quickly do bank accounts get frozen?
Actually bank accounts can be frozen in a matter of minutes. An account can get frozen if the bank suspects fraudulent or money laundering activities in it or if there is a legal request from law enforcement authorities to freeze a particular account. Either ways the account would get frozen within minutes.
If your spouse has a personal bank account frozen to collect consumer debt is your personal bank account also at risk of being frozen in the state of new york?
If the account has his name on it, possibly.
