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    blaineville's Avatar
    blaineville Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Aug 17, 2007, 03:53 PM
    Frozen Bank Account
    Can the bank freeze your business checking account, if they called your loan and you are trying to work things out, but have not yet?
    blaineville's Avatar
    blaineville Posts: 2, Reputation: 1
    New Member
    		  
    #2

    Aug 17, 2007, 03:55 PM
    Quote Originally Posted by blaineville
    Can the bank freeze your business checking account, if they called your loan and you are trying to work things out, but have not yet?
    Can the bank freeze your business checking account if they called your loan and you are trying to work things out but have not yet.
    gazelleintense's Avatar
    gazelleintense Posts: 175, Reputation: 13
    Junior Member
    		  
    #3

    Aug 19, 2007, 05:26 PM
    If they froze it I would say yes
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #4

    Aug 19, 2007, 06:34 PM
    If they sued the company and obtained a judgement then yes they can freeze the assets of the business.
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