Banks take a risk in freezing a debtor's account during chapter...

01/20/15


Banks take a risk in freezing a debtor's account during chapter 7 proceedings
Lexology (registration)
What is a bank to do when an individual depositor files a chapter 7 bankruptcy petition? Do the turnover requirements of the US Bankruptcy Code allow the bank to put a freeze on the debtor's account, at least until the chapter 7 trustee advises the ...

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