Home     Law Advice     Insurance Advice     Community    
Consumer Bankruptcy : Chapter 7, Chapter 13, Protection From Claims of Creditors
Go Back   FreeAdvice Legal Forum > BANKRUPTCY AND CONSUMER CREDIT > Consumer Bankruptcy
Reload this Page direct deposit to frozen account

Powered by Attorney Pages


  Find An Attorney In Your Area    
 

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1  
Old 10-06-2005, 01:26 PM
Junior Member
  
Join Date: Mar 2005
Posts: 7

direct deposit to frozen account

What is the name of your state?What is the name of your state?NC
I am filing for bankruptcy 10/12. My paycheck is to be direct deposited into my checking account 10/31. My 2nd mortgage is with the bank my checking account is in and I cannot stop the direct deposit until the following pay period.
Now I'm worried. The lawyer says my bank will freeze that account once I file next week, but that we'll be able to get the money from my direct deposit back. Does anyone know how this all plays out? I need the money to pay my mortgage on Nov 1.
  #2  
Old 10-06-2005, 02:04 PM
Senior Member
  
Join Date: May 2001
Posts: 6,450
Why will the account be frozen? Are you in default with the 2nd?
  #3  
Old 10-07-2005, 01:16 PM
Junior Member
  
Join Date: Mar 2005
Posts: 7
My lawyer said they will "freeze" the account when I file. I guess I don't know what that means. No, I am not in default and have never been late on the 2nd mortgage.
  #4  
Old 10-07-2005, 01:41 PM
Senior Member
  
Join Date: May 2001
Posts: 6,450
Freeze the account means deny you access to your funds.
If you're not in default on a loan from that bank, I've no idea why they'd freeze the account. Yes, they'll be notified of the bk but they've no reason to freeze your account.
Reply

« Previous Thread | Next Thread »


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Linear Mode Linear Mode
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

All times are GMT -5. The time now is 11:29 AM.

Contact Us - FreeAdvice - Archive - Privacy Statement - Top

IMPORTANT NOTICE
THE VIEWS EXPRESSED ON THIS PAGE WERE NOT REVIEWED BY THE EDITORIAL STAFF OR ATTORNEYS AT FREEADVICE.COM. Thousands of professionally prepared and reviewed questions and answers in 130 legal categories are to be found at the Question and Answer pages at FreeAdvice.com.
FreeAdvice Forums are intended to enable consumers to benefit from the experience of other consumers who have faced similar legal issues. FreeAdvice does NOT vouch for or warrant the accuracy, completeness or usefulness of any posting or the qualifications of any person responding. Use of the Forums is subject to our Terms and Conditions which prohibit advertisements, solicitations or other commercial messages, or false, defamatory, abusive, vulgar, or harassing messages, and subject violators to a fee for each improper posting. All postings reflect the views of the author but become the property of FreeAdvice. Information on FreeAdvice or a Forum should not be relied upon and is not a substitute for advice from an attorney licensed in your jurisdiction who you have retained to represent you. To locate an attorney visit AttorneyPages.com. Copyright since 1995 by Advice Company. All Rights Reserved.