Topic: My Bank Account Has Been Frozen
Answers to Common Questions
What Is a Frozen or Blocked Bank Account?
If you attempt to withdraw money from your bank account only to discover that you cannot, it might have been frozen or blocked. If so, you are unable to complete transactions. Read More »
Source: http://www.ehow.com/facts_5962226_frozen-blocked-bank-account_.ht...
How to Unfreeze a Frozen Bank Account
A frozen bank account can be the result of a number of different legal acts. Most frozen accounts, however, are due to unpaid judgments, collections, charge-offs, medical bills, IRS taxes, liens, and private loans. A frozen account occurs w... Read More »
Source: http://www.ehow.com/how_5651938_unfreeze-frozen-bank-account.html...
How to Know If a Bank Account Is Frozen
Oftentimes, the first clue you get that your bank account has been frozen is when your debit card fails you at the cash register. Although you might expect your bank to alert you, banks are not legally bound to notify you prior to placing a... Read More »
Source: http://www.ehow.com/how_5873434_bank-account-frozen.html
Answers to Other Common Questions
Your account will be closed and you will need to pay the bank the amount you owe them Read More »
Source: http://www.chacha.com/question/what-does-it-mean-when-my-bank-acc...
Answer It can be because of to much activity. Or the bank feels as if your card is being use more then usual. Meaning its a possibility of a stolen card. Read More »
Source: http://wiki.answers.com/Q/What_are_some_reasons_a_bank_account_wo...
Actually bank accounts can be frozen in a matter of minutes. An account can get frozen if the bank suspects fraudulent or money laundering activities in it or if there is a legal request from law enforcement authorities to freeze a particul... Read More »
Source: http://wiki.answers.com/Q/How_quickly_do_bank_accounts_get_frozen
Bank Accounts are frozen by bank authorities or law enforcement agencies when they sense some illegal or suspicious activity in the account. In such a case, you will be able to find out the details from the bank. You need to provide proof t... Read More »
Source: http://wiki.answers.com/Q/How_do_you_activate_a_frozen_bank_accou...
Peter, It would be nearly impossible to list all those reasons, however the majority of those reasons would include judgements, legal garnishments, trust/probate, court ordered accounts, fraud, excessive overdrafts, things of that nature. ... Read More »
Source: http://en.allexperts.com/q/Using-Banks-Bank-1085/2009/11/Frozen-b...
Answer Debt collectors cannot "freeze" a person's bank account, that can only be done by order of the court. Generally a court will hold the account no longer than 30 days when making a decision as to what if any of the funds contained are ... Read More »
Source: http://wiki.answers.com/Q/How_long_can_a_bank_hold_a_debt_for
For as long as the court action which froze it orders. Read More »
Source: http://wiki.answers.com/Q/How_long_can_your_bank_account_stay_fro...
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