Freezes on Bank Accounts in New York
Unfreeze Your Account With Help from a Lawyer
A creditor may decide to freeze your bank account to retrieve owed payment toward a debt, and sometimes up to two times the amount that is owed is unattainable to you. Unfortunately, this is common sense to a creditor. Not only will money that you deposit likely become frozen as well, but a freeze on your bank account means no money to pay your rent, mortgage payments, utility bills, groceries, or even to hail a cab. If you are the main source of income for your family, it is inevitable that they will all be affected.
Even bank accounts that are shared with parents, children, spouses or anyone else can be frozen, leaving your loved ones at the same financial loss. The worst part about having your bank accounts frozen is that you may not even realize it until you attempt to withdrawal your hard-earned cash from an ATM. Of course, if a creditor has failed to notify you prior to the freeze on your bank account, you have official grounds to present a case in court. If you are suffering from a freeze on your bank account, a Long Island tax attorney can help immediately.
Freezes on bank accounts may be the result of creditors' judgment calls responding to medical bills, credit card debt, tax debt and many other circumstances. When a creditor makes the decision to freeze your bank account, your bank may be served with an official motion to hold up to twice the amount that was awarded in the judgment.
An Assertive Tax Lawyer in Long Island, NY
An attorney at Blutter & Blutter may be able to provide a solution after reviewing your financial situation. With over 50 years of amassed experience in tax law and frozen bank account relief, the firm produces zealous representation for its highly esteemed clients. Every situation is individually evaluated, and each case is represented with the client's best interest in mind.
Don't let the IRS freeze your bank account. Contact a Long Island tax attorney today to discuss your legal options.