2006-10-09 12:53:40 · 7 answers · asked by Brian C 1 in Business & Finance ➔ Personal Finance
banks will freeze accounts in the following scenarios:
1. court order
2. liens generated from the government
3. suspected fraud
all three are totally legal. in the case of a lawsuit, you are probably going to fall in the first category. a bank can only freeze your accounts if ordered by the court to do so.
2006-10-09 12:58:31 · answer #1 · answered by loveholio 5 · 1⤊ 0⤋
Not without a Court order in the U.S.
They bank may claim they don't half to have a court order only a garnishment form. However, that is incorrect and illegal and in the case you may need a lawyer.
2006-10-09 14:02:17 · answer #2 · answered by webworm90 4 · 0⤊ 0⤋
Are you having your bank account frozen ?or is the person or Company that is sueing you having it done.If you are doing it and the suit has been filed then it will probably be too late. If the company or person is doing it ,it is legal.
2006-10-09 13:10:13 · answer #3 · answered by Jack C 1 · 0⤊ 1⤋
Looks like it's about time to consult with an attorney.
2006-10-09 13:07:51 · answer #4 · answered by nothing 6 · 2⤊ 0⤋
Yes, I think it is. It gives protection to you and the bank.
2006-10-09 12:57:34 · answer #5 · answered by Dawn C 3 · 0⤊ 2⤋
Short answer YES !
2006-10-11 06:25:11 · answer #6 · answered by Brite Tiger 6 · 0⤊ 1⤋
yes, it is legal in certain circumstances
2006-10-09 13:01:53 · answer #7 · answered by Stephanie73 6 · 0⤊ 1⤋