Legal Question in Bankruptcy in New York

Re: hold on bank account

Creditors have multiple ways that they can enforce judgments and they are not limited to just pursuing one method. You didn't mention that the credit card company obtained a judgement against you, but generally that is the only way that they can restrain a bank account. With the judgment, the creditor can also garnish your wages.

If you file for bankruptcy, the automatic stay will prevent the creditor from taking any further action, and you will be able to unfreeze your bank account.

I regularly write articles on bankruptcy law for various publications that go to members of the bar. Please check my web site -- BankruptcyCanHelp.com -- to see about sixty of them, and to also get general information about filing for bankruptcy on Long Island.

Re: hold on bank account

Creditors have multiple ways that they can enforce judgments and they are not limited to just pursuing one method. You didn't mention that the credit card company obtained a judgement against you, but generally that is the only way that they can restrain a bank account. With the judgment, the creditor can also garnish your wages.

If you file for bankruptcy, the automatic stay will prevent the creditor from taking any further action, and you will be able to unfreeze your bank account.

I regularly write articles on bankruptcy law for various publications that go to members of the bar. Please check my web site -- BankruptcyCanHelp.com -- to see about sixty of them, and to also get general information about filing for bankruptcy on Long Island.

Re: hold on bank account

Creditors have multiple ways that they can enforce judgments and they are not limited to just pursuing one method. You didn't mention that the credit card company obtained a judgement against you, but generally that is the only way that they can restrain a bank account. With the judgment, the creditor can also garnish your wages.

If you file for bankruptcy, the automatic stay will prevent the credit from taking any further action, and you will be able to unfreeze your bank account.

I regularly write articles on bankruptcy law for various publications that go to members of the bar. Please check my web site -- BankruptcyCanHelp.com -- to see about sixty of them, and to also get information about filing for bankruptcy on Long Island.

Re: hold on bank account

Creditors have multiple ways that they can enforce judgments and they are not limited to just pursuing one method. You didn't mention that the credit card company obtained a judgement against you, but generally that is the only way that they can restrain a bank account. With the judgment, the creditor can also garnish your wages.

If you file for bankruptcy, the automatic stay will prevent the credit from taking any further action, and you will be able to unfreeze your bank account.

I regularly write articles on bankruptcy law for various publications that go to members of the bar. Please check my web site -- BankruptcyCanHelp.com -- to see about sixty of them, and to also get information about filing for bankruptcy on Long Island.