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Can the IRS levy a personal account because of a corporations tax debt?
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∙ 11y ago
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Your joint account with your wife had been frozen due to a debt she owed Can your personal account be frozen too as a result of that?
If a joint account with a wife had been frozen because of a debt she owed, a husband's personal account can also be frozen, but it depends on when the debt was acquired and who the money is owed to. A legal professional will be able to advise a person about the laws of their state as it may differ about community property laws.
If your spouse has a personal bank account frozen to collect consumer debt is your personal bank account also at risk of being frozen in the state of new york?
If the account has his name on it, possibly.
Is purchasesaccount debit or credit?
Purchases account is personal account in nature and basic rule for personal account is debt what comes in and credit what goes out so purchases is a debit balance as a default balance.
Who is responsible for corporations debt?
the corporation
Can a freeze be put on your checking account when only you are behind in your personal credit card debt?
yes
Can a business checking account be garnished for a personal debt?
If it can be proven that the debtor has placed private funds in the account to avoid seizure by a judgment creditor.
What is a certificate of debt issued by corporations and governments?
Bond
Can a wife's bank account be garnished because of a judgment against her husband for an unpaid debt in his name?
Generally they can't garnish your account for a debt in your husbands name only unless he also uses your account - as in a joint account or his pay is deposited in the account.
Why did the court of requests took people belonging if you had debt?
Because personal belongings can be sold - and the proceeds used to offset the debt !
Seize bank account for credit card debt?
If your bank account has been seized because of a debt you owe, you should call and work out a payment arrangement with the creditor. You should also start a new bank account.
If spouse dies and account was in his name but I was able to charge and the creditor NOW wants to cancel the account because he was the primary cardholder do I have to pay debt off?
you're gonna have a load of debt.
Can an authorized user be held responsible for debt on a credit card?
No. An AU is not legally responsible for repaying the debt to the creditor as it is presumed that the AU has no control over the account itself. Hopefully the AU would consider it their personal responsibility to pay the account holder.
