Can a collection agency freeze a bank account that my partner and I share, even though we are not married?

Asked over 1 year ago - Sapulpa, OK

old credit card from 2002, has been charged off, but new company is pursuing

Attorney answers (2)

  1. 1

    Lawyer agrees

    Answered . If you are a co-owner of the account, then everything in that account is subject to levy. Basically, since you could walk into the bank today and clean out the account, they can levy everything in the account as well. Your partner could try to make a showing what is theirs shouldn't be taken, but they'd have to do it AFTER everything has been seized. You need separate accounts.

    We can be reached at 507.334.0155 (Toll Free: 888.777.5009). Our web address is: www. corbin-law-office.com.... more
  2. Answered . I agree with the previous response, but would add that the collection agency cannot freeze your account without a judgment from the court.

Related Topics

Debt

There are different types of debt, but all involve one person (the debtor) owing money to another (the creditor). Terms of repayment are governed by a contract.

Can't find what you're looking for? Ask a Lawyer

Get free answers from experienced attorneys.

 

Ask now

33,270 answers this week

3,681 attorneys answering

Ask a Lawyer

Get answers from top-rated lawyers.

  • It's FREE
  • It's easy
  • It's anonymous

33,270 answers this week

3,681 attorneys answering