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    Adora's Avatar
    Adora Posts: 4, Reputation: 1
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    #1

    Feb 3, 2011, 09:31 AM
    Can a debt collector freeze banks accounts?
    I share bank accounts with other people, if one person on the bank account has a judgment against them then can the debt collector freeze the entire account.
    smoothy's Avatar
    smoothy Posts: 25,490, Reputation: 2853
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    #2

    Feb 3, 2011, 09:52 AM

    Yes... most definitely. They do it all the time.
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #3

    Feb 3, 2011, 09:53 AM

    Yes, if you are in there you are out of luck to get your money out. However, in order to take money out of a bank account a collector must have a 'turnover order' from a judge.

    I would suggest if you think there is a possibility this will happen, then you should take steps to remedy the banking situation the best way you can.

    Tick
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