What can I do with a frozen bank account?
The frozen bank account occurs when you owe debt to the creditor you did not pay; The creditor will then sue you in court. If you do not answer the action, the creditor may receive a judgment from the court and freeze the bank account. Laws vary in different countries and countries, but in most cases the money cannot be removed immediately from the frozen bank account; This will require the second order to turn from the judge. Funds usually remain frozen until the case is resolved.
Unfortunately, in many cases, there is nothing you can do with a frozen bank account. Going to the bank will not have a difference because they are obliged by law to keep the account frozen. It will be necessary to hire a lawyer and go to court to release a bank account and negotiate with a creditor who freezes the account. Keep in mind that creditors cannot freeze a bank account without notice; You will first be announced that you are suggested by the court.
To prevent a frozen bank account, always try to pay accounts in time and always inform the creditor if you move. If you cannot pay accounts on time, contact the creditor to see if you can work out a payment plan in exchange for closing your account. Finally, if you receive a notice that the creditor sued you in court, answer the trial before escalating to the frozen bank account. If you receive a notice from the bank that your account has been frozen, it will usually be accompanied by a letter with contact information for a lawyer; Enter this lawyer as soon as possible and start reverse the process.
Meanwhile, several things should be borne in mind while the bank account is frozen. First, in many cases public aid or other means are exempt from freezing; This may include the benefits of a veteran, income from social security, unemployment, maintenance or other state benefits, among other things. Proof will be required to release these funds. In addition, stop any for anyIn the meantime, as well as any automatic account payments, and in the meantime, find out to pay your payouts. If checks that have not yet cleaned the account, contact the people written by checks and ask them not to pay them.