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To: RandFan

Wait. The bank can just confiscate her money?


2 posted on 06/15/2021 12:21:32 PM PDT by Seruzawa (The political Left is the Garden of Eden of Incompetence - Marx the Smarter (Groucho))
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To: Seruzawa
It's all in the fine print.
4 posted on 06/15/2021 12:22:55 PM PDT by BipolarBob (Who is John Galt and is he vaccinated?)
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To: Seruzawa

Things like this make me burn.

This is Facism, industry acting in concert with government to punish political opposition.

I just cannot say what I think should happen to those responsible.


5 posted on 06/15/2021 12:23:31 PM PDT by rlmorel (Leftists are The Droplet of Sewage in a gallon of ultra-pure clean water.)
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To: Seruzawa

They can close an account but I think they have to give you your money. She’s probably got it waiting for her at the bank in the form of a cashier’s check. Once she gets it, she needs to find a nice little small town bank to put it in.


7 posted on 06/15/2021 12:24:14 PM PDT by Pollard
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To: Seruzawa

No, probably slow boated a paper check to get to her in 30 days just to be scumbags.


10 posted on 06/15/2021 12:25:24 PM PDT by BiglyCommentary
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To: Seruzawa
Wait. The bank can just confiscate her money?

Nope

11 posted on 06/15/2021 12:25:33 PM PDT by SmokingJoe
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To: Seruzawa; RandFan

“Wait. The bank can just confiscate her money?”

There is more to the story. Almost certain.

Occam’s razor says it’s divorce, over charged card, some late revolving account...or some government agency at some level, from IRS, DOJ all the way down to the local county tax collector.

But I’m sure she’d like to create a lot mystery around her being a semi prominent Christian Conservative to enhance her gofundme.


14 posted on 06/15/2021 12:27:47 PM PDT by Mariner (War Criminal #18)
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To: Seruzawa

No, they can’t. And doing so and stating that it is legal will completely undermine the entire banking system. NO one from the least to the most wealthy will feel that it is a safe place to put money. Typically, for funds to be seized there has to be due process- a court has to order it. And typically, the court won’t order such if the account is held by two people since the money in the accounts may be the other person’s. Point is, the banks are very very careful about this because there is much more at stake than the loss of just one person’s funds. A bank run is not something anyone wants.


22 posted on 06/15/2021 12:36:51 PM PDT by NicoDon
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To: Seruzawa
Wait. The bank can just confiscate her money?

Only if you're Republican.

35 posted on 06/15/2021 12:44:26 PM PDT by libertylover (Our biggest problem by far: most of the news media is agenda driven, not truth driven.)
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To: Seruzawa
Wait. The bank can just confiscate her money?

No, they cannot confiscate her money. What they can do legally is close the account and take up to six weeks to send her funds to her. Whether in the form of a bank check, or wire transfer to another bank who she opens an account with.

Yes, that's right: They can take up to six weeks to send her money back to her.

128 posted on 06/15/2021 4:16:58 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Seruzawa

No, they can close down the account and disburse the funds—usually in the form of a check sent to the address on record.

And yes…every bank can do that to any account.

Not making a comment on the person or circumstances…just clarifying what a bank can do.


130 posted on 06/15/2021 4:32:02 PM PDT by Vermont Lt
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To: Seruzawa

I’m sure they mailed her a check.


142 posted on 06/16/2021 7:23:08 AM PDT by Go_Raiders (The fact is, we really don't know anything. It's all guesswork and rationalization.)
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