Freeze on accounts
After a judgement has been placed and then the company has put a hold on one's bank account...how many days do they have legally to freeze the account before they either have to take the frozen funds or release the account?
|
Read More Answered By: Stephen Starr |
Re: Freeze on accounts In New York a creditor that obtains a judgment may have its attorney issue a restraining notice to the judgment debtor's bank. The duration of a restraining notice is one year from the date of service of the restraining notice upon the bank.
The foregoing is intended as information of general interest to readers of this website and is not intended as legal advice specific to your situation. YOU SHOULD CONSULT WITH AN ATTORNEY FOR ADVICE SPECIFIC TO YOUR SITUATION. Facts and circumstances not disclosed in your three line posting may materially affect your rights.
Please feel free to visit the Frequently Asked Questions (FAQs) on our website at www.starrandstarr.com/faqs.htm for additional information regarding collections and debtor-creditor topics.
Best regards,
|
Boca Raton, FL
Questions Answered: 7773
Last Question Aswered on: 2012-05-25
Hewlett, NY
Questions Answered: 4227
Last Question Aswered on: 2012-05-23
Closter, NJ
Questions Answered: 1320
Last Question Aswered on: 2012-05-22
Syosset, NY
Questions Answered: 1173
Last Question Aswered on: 2012-04-24
Atlanta, GA
Questions Answered: 1010
Last Question Aswered on: 2012-05-13
Hawthorne, NY
Questions Answered: 975
Last Question Aswered on: 2010-12-10
New York, NY
Questions Answered: 744
Last Question Aswered on: 2012-05-18
Bethesda, MD
Questions Answered: 577
Last Question Aswered on: 2012-04-11
Buffalo, NY
Questions Answered: 564
Last Question Aswered on: 2009-07-14
Chicago, IL
Questions Answered: 503
Last Question Aswered on: 2010-05-08
► Car lease I had leased 2 cars, 1 undr my name the 2nd under my wifes name my wife...
► Balance Due I have been paying on a credit card debt that went to collections. I had...
► Notice of judgement I received a notice of summons. I received it after the 20 or 30...
► Debts after death My father has passed away recently and my mom is getting medical...
► Lien on bank accounts I currently have direct deposit and there is a lien on my bank...
► Past due student loans I had a student loan that is 30 years old, gov. insured....
► Verizon phone bill I received a bill from a co. Named afni claiming i owe verizon...
More Credit, Debt and Collections Law questions and answers in New York| Bill of Sale | Living Will |
| Contracts | Notices |
| Divorce | Power of Attorney |
| Employment | Quitclaim Deeds |
| Landlord & Tenant | Real Estate |
| Leases & Rentals | Sales and Purchases |
| Letters | Wills |
| Living Trusts | More... |
© WebsiteBroker, Inc.
LawGuru.com | Advertise on LawGuru | Affiliate Program | Privacy | About Us | Press
