Do I need an attorney?

You should find a local attorney to go after the perpetrators civilly.

When remitting money $1000 from USA to India, leads to dispute transaction for huge amount from my bank account by remitter

I agree with Barbara. You should contact your bank immediately to report any unauthorized activity.

I have a business that has a credit card. We got 90 days behind on payment. Can the bank take money from my personal account.

I agree with Barbara. There may be contractual set-off rights if both accounts are with the same bank.

Can all the funds in my bank account be put on a hold based on an amount owed to a credit card company?

I don't see how unless you are in collections on a judgment. If you have a Court date it would seem you do not have a judgment yet. May be...

Can a bank, not a creditor, freeze your account for any reason without a court order?

You have a contract with the bank. You have to see if there are bases for freezing the account in there.

The question comes down to cost/benefit. Can you sue? You can always sue. Would the recovery, if any, exceed the costs of suit. Unlikely.

Regarding bank annuity

Right. Either owner can legally withdraw funds.

What kind of a document do I need to create a corporation for a friend in home country and open a bank account?

Not clear on the question. You want to open a corporation in someone else's name?

Can any Bank issue a second party a debit card without your authorization to your NEW account? If your Single, not married?

You should file a criminal complaint with the local police. This is a criminal matter. Possibly identity theft.

Bank fraud

He should get a criminal attorney to review his situation right away.