No they shouldn't.
Only if it has gone to court, served you with the complaint and gotten a judgment against you. If it has gotten the judgment, the agency must still make application through the courts to get the wage garnishment. The garnishment cannot begin until you have been given notice of the request and a chance to object to it.
For what?
The creditor will still have to file for a judgment in circuit court before they can take any action against nonexempt property belonging to the debtor. Bank account levy is possible in the state of Texas, wage garnishment is not.
Yes. Many creditors do this due to the 25% cap on wage garnishment. It is a way for them to take more, potentially all of your wages. Your safest bet to avoid this is to open an account with another bank and never receive your wages by direct deposit.
Checking accounts do not have limits on the amount of transactions that can be made from them. If you plan on withdrawing cash or making purchases with a debit card, then you still need to get a checking account.
i was wondering bout the same thing at first til i asked. it still depends on the company youre working for. i myself dont have a checking account but get my pay as direct deposit. they wire it through my savings account instead.
At Wells Fargo, one can apply for a business account, a checking account, a savings account or for the ones that are still in college or school there is an student account.
Wachovia Bank at one point had a $50 sign up bonus for a checking account. However, the offer for that bonus expired back in 2007. Currently, they have no such offers.
If you are one of the signatories of a joint account it is already yours, you do not have to inherit it, therefore it is not subject to an inheritance tax.
Yes, if they receive a court judgment in most states it can be used as a wage garnishment.
The estate of the spouse is responsible. IF both are on the same checking account then the FULL amount of that checking account can be considered the spouses estate too. Even if the account is closed just prior or just after death, then the amount in the account months prior is still considered a portion of the estate.
Yes, you can close your checking account even if you have a balance left on your VISA card. However, closing the account will not eliminate your obligation to repay the remaining balance on your credit card. You will still be responsible for making payments on the outstanding debt.