Can a creditor freeze my bank account after bankruptcy?

Answer In a chapter 7 bankruptcy case, once a debtor receives a discharge, creditors are not allowed to initiate or continue legal action in regards to collecting the discharged debt. However, there certa... Read More »

Top Q&A For: Can a creditor freeze my bank account after ban...

Can a Creditor Freeze My Bank Account for Unsecured Debt?

It is possible to wake up one morning to find that someone emptied your bank account -- legally. Creditors can freeze your bank account, called a levy, for unsecured debt after winning a lawsuit. H... Read More »

How Long After a Creditor Gets a Judgment on Me Can It Attach My Bank Account?

A person who is owed money often files a lawsuit in order to obtain a legal determination that the money is owed. Once the court has made the determination, or entered the judgment, the party must ... Read More »

Can a Bank Freeze Funds of the Mom Because a Son Filed Bankruptcy?

Bankruptcy is an individual action. Except in the case of married couples who can file a joint bankruptcy petition, usually a debtor faces bankruptcy on his own. Problems arise in bankruptcy with c... Read More »

Why would the IRS freeze a bank account?

According to the Internal Revenue Service, taxpayers are responsible for paying all back tax owed on or before the April 15th deadline. If the tax is not paid by the due date, then the IRS may tak... Read More »