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Q: Can a cell phone company whom has a judgment against you put a freeze on you savings account And how long can they hold the freeze?
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Can I open a savings account if I have a judgment against me?

Yes, you can open a savings account if a bank allows you to. Usually banks are not as strict with savings accounts as they are with checking accounts.


When a judgment has been made against a person will this affect checking or savings accounts in Michigan?

A writ of judgment can be used to levy a checking or savings account that belongs to the debtor. Joint accounts can be partially protected but the other account holder must file the proper documents with the court where the judgment was granted. The bank has no obligation to notify the account holder(s) that the account has been levied. The account holder(s) should remove funds and close the account if at all possible. This can only be done BEFORE the judgment has been executed.


What is a savings account with an insurance company?

An Annuity


Why should a company open a business savings account?

A company open a business savings account because it makes transaction and payment much easier. You can read more at www.citibank.com/savings


Can you borrow against personal savings account?

Yes. You can always "borrow" against your own funds. You can apply for a loan or just withdraw the amount you need from your personal savings account.


Can your mortgage company attach your savings account if you are behind on payments?

No.


Is there a loan company that will do payday loans with a savings NOT checking account?

Highly unlikely. The check you offer them is a legal promise to pay. With a savings account, you have no means of making such a promise.


Can you change a savings account to joint account?

You may be able to add someone to your savings account ..contact the bank where you have the savings account for details


What are the benefits of a medical savings account?

The benefit of having a medical savings account is that the premium is usually less than that of traditional health insurance. This is because the insurance company doesn't have to pay for routine health care.


Which company offers the highest yielding online business savings account?

It is difficult to compare banks and their rates to determine the highest yielding online business savings account. This is largely due to a lack of data online.


What exactly is the purpose of an egg account?

An egg account refers the British internet banking company known as "Egg". The purpose of an egg account was simply a banking account for savings and insurance.


Is there a monthly service charge to have an Eggs Savings account?

No, the Egg savings account called "Egg Savings Account (internet) Issue 2" does not have a monthly service charge. This type of savings account is accessible online.