Legal Question in Banking Law in New Jersey

my friend has small buisness,today all his buisness account is on hold,he has legal order fee lts in his buisness bank of america account.what this mean?thank you for answers


Asked on 1/10/12, 11:57 am

1 Answer from Attorneys

Michael Duffy Duffy Law, LLC

First thing you should do is call the bank. Funds can be on hold for any number of reasons. Was he involved in any legal disputes? Were there any unusual transactions? Again, it can be for such a variety of of reasons, you'd first need to contact the bank. If they're unresponsive and the situation persists, then contact an attorney with the specific facts for an opinion and advice.

If you would like to discuss your matter further over a free and confidential phone consult, please contact me at your convenience.

Regards,

Michael J. Duffy

Duffy Law, LLC

1-888-414-5773

www.mduffylaw.com

52 Berlin Rd.

Suite 3000

Cherry Hill, NJ 08034

[email protected]

Please note: The information provided here is for general informational purposes only and should not be construed as legal advice or legal opinion on specific facts or circumstances. You should consult an experienced attorney concerning your particular factual situation and any specific legal questions you may have. No attorney-client relationship is created merely through the exchange of information via this web site. Michael J. Duffy will not undertake representation of a client without the client first signing a written retainer and representation agreement.

Read more
Answered on 1/10/12, 12:12 pm


Related Questions & Answers

More Banking Law questions and answers in New Jersey