ok here goes, when my husband first came to this country he put his money in his sister account because he had no ssn. he has worked and saved his money and accumulated a large sum of money. he is now in the process of buying a house and the sister refuse to give him his money back. first she said she do not have it, then she said she do have it but she is not giving him any money to buy me, his wife a house. then she said she has it put up until 2012. His name is not on the account but all the other family members, cousin, aunts, and other sisters know that he has this money in the sisters account. he told his sister year in advance that we were looking for a house and she never said anything to him, until he went to get the money. what can we do? who can we go to for help? please help us he really needs his money that he worked so had for and saved. we are located in Westchester county. thanks
2007-10-14 13:00:06 · 7 answers · asked by robin p 1 in Business & Finance ➔ Personal Finance
You're going to have to go to court for this. At this point, the sister doesn't have to hand over any of the money because it's in her name. Perhaps you could have the family put some pressure on her.
2007-10-14 13:09:40 · answer #1 · answered by smartsassysabrina 6 · 1⤊ 0⤋
The money belongs to the account holder,unless your husband can prove he gave her the money temporarily.
- Is there any thing in writing, letter, old bank statements etc to show it?
- Or is there any one who can testify that he heard it or saw it?
If none of the above exists, try to get her to admit it within the hearing of some one else, other than you and your children.
As a last resort, bring up the subject calmly with her and tape record the conversation secretly.
Otherwise you have no chance.
2007-10-14 21:55:55 · answer #2 · answered by Anonymous · 0⤊ 0⤋
wow I'm sorry to hear. Well I Work for Bank Of America and fortunately i can probably answer your question. If its only under her name then by law its her money. The best thing for you and ur husband to do is get some kind of proof (deposit receipts from that acct.).and get advice from a Lawyer. You now can open a bank account if you don't have an ssn. Good luck
2007-10-14 20:13:26 · answer #3 · answered by jeff p 2 · 0⤊ 1⤋
In the eyes of the bank and the law, your husband did NOT put HIS money in her account. He GAVE her money that was put in her account. If she won't return the money, he has NO legal remedy. He could TRY suing her. The testimony of the family MAY convince a judge. Aside form that, this is a VERY expensive lesson in how NOT to handle money.
2007-10-14 22:01:47 · answer #4 · answered by STEVEN F 7 · 0⤊ 0⤋
This is a very tough one. It will be losing end when your name is not there and you dont have anything to prove unless the rest of the family members willingly to help. The best thing is to get some legal advices from lawyer see what can be done.
2007-10-14 20:08:17 · answer #5 · answered by BunnyGuy 2 · 0⤊ 0⤋
Per banking rules, the person whose name is on the account owns the money. You need to see a lawyer.
2007-10-14 20:05:12 · answer #6 · answered by Heather C 3 · 1⤊ 0⤋
Did your husband ever get his social security number? You husband may be out of luck.
2007-10-15 07:50:27 · answer #7 · answered by Gary 5 · 0⤊ 0⤋