[xmradio]

If your bank account gets frozen does the bank have to tell the creditor how much was in that account

[Fastfun1]

if your bank account gets frozen does the bank have to tell the creditor how much was in that account

The bank "should not" tell anyone other than the account holder any details regarding its customers accounts. If a creditor wants information about an account, the must obtain it directly from the customer or provide a Certification and Authorization form signed by the customer; typically accompanied by a Verification of Deposit form. Early I mentioned "should not" tell anyone. I emphasize should not, although we do have comply with the Privacy Act, lower level banking employees maybe haphazardly provide information for a variety of reasons, i.e. ignorance of policy and procedures. :)

[excon]

Hello xm:

The Attorney General doesn't collect money for creditors. If it's collecting money, it's collecting it for the state.

excon

[ScottGem]

First its not a good idea to piggyback your question on someone else's. This can lead to confusion. You should start a new thread. So I've moved your question to its own thread.

This is a prime example of why. I've moved xm's post to its own thread. The OP that it was posted to asked a question about what happens to debits if the Attorney General froze the account. So the answers got confused.

To answer XM's question, its kind of a yes and no answer. If the account held more than the amount of the attachment, then no, the bank would not tell the creditor the exact amount, but if the account was less than amount of the attachment, the bank will have to let the creditor know that there was only that was only that much available in the account.