Wilson Browne Solicitors’ Post

Wondering if you can open a bank account in a state with garnishment and levy protection? 🏦 The answer isn't straightforward—it depends on state laws and bank regulations. Some states require residency or employment in that state, and moving money under certain conditions could even be considered fraud. Before making any moves, consult us for personalized advice. 📧 Email: info@nyhope.org 🌐 Visit: nyhope.org 📞 Call: +1 718 719 6671 📱 WhatsApp: +1 203 948 7699 #LegalTips #DebtRelief #BankingAdvice #NewYorkHope

Making your child a joint owner of your bank account or house means more than sharing control – you're sharing the risk of their financial troubles. If your child has debts they can't pay, their creditors can go after your shared accounts or property to get their money back. Also, if your child goes bankrupt, your shared accounts and property won’t be protected in bankruptcy court. For more reasons why you shouldn’t add your child to your assets, please read our blog: https://lnkd.in/gpXxYiJ5. #EstatePlanning #FinancialPlanner #WealthAdvisor

The Supreme Court overturned a previous decision by NCDRC capping interest on credit card dues at 30%, giving banks the freedom to charge interest on overdue payments as they see fit. Visit https://lnkd.in/gae2Hz2V to know more about this #SupremeCourtRuling #InterestOnCreditCards #NCDRCDecision #UnfairTradePractice #ConsumerProtection.

The amended laws, allow police to block suspicious transactions in any bank or financial institution in a bid to stop scammers from withdrawing stolen money from mule accounts. These amendments allow police officers of at least the rank of sergeant to seize or prohibit transactions involving funds suspected to be tied to criminal activities. However, the police can only freeze the accounts if: 1) There was reason to believe that an offence had been committed. 2) There was reason to suspect that the property had been used or was used with the purpose of committing an offence. 3) There is reason to believe that the property is evidence for an offence. https://lnkd.in/gV8-Hvs8

Is your name on legal title for assets you don't have an interest in, like on your parents' home or child's bank account? Trust reporting rules have changed this year, and you may have a new reporting obligation with the CRA. Learn more here: https://rb.gy/2dj0t6 #WellingtonAltus #WealthPlanning #TrustReportingRules

Is your name on legal title for assets you don't have an interest in, like on your parents' home or child's bank account? Trust reporting rules have changed this year, and you may have a new reporting obligation with the CRA. Learn more here: https://rb.gy/2dj0t6 #WellingtonAltus #WealthPlanning #TrustReportingRules

Is your name on legal title for assets you don't have an interest in, like on your parents' home or child's bank account? Trust reporting rules have changed this year, and you may have a new reporting obligation with the CRA. Learn more here: https://rb.gy/2dj0t6 #WellingtonAltus #WealthPlanning #TrustReportingRules

The Financial Conduct Authority has charged four men with fraud over the collapse of a credit union for cab drivers that required a £21 million payout to more than a thousand customers from a government bailout scheme six years ago. https://lnkd.in/eN_y9ibT

Cheques have always played a pivotal role in business and daily activities. Bounced cheques can result in criminal charges, including fines and imprisonment, under specific circumstances. The reasons include intentional closure of the account, withdrawal of funds to prevent payment, false declaration of insufficient funds, and cheques forgery or accepting payment accordingly. #QuickActionAE #UAECollections #UAEDebtRecovery #DebtManagement #CreditControl #DubaiDebtSolutions #debtcollection

"We'll be ok, we have a joint bank account"... 👩❤️💋👨 If your Partner/Spouse, or you, loses mental capacity the Court has a right to protect you. ✍ ⚔ In other words, you might think that because you have a joint bank account, either of you still has access to manage your finances.... 💷 👨💻 The court may have other ideas and can put a freeze on your account.🙅♂️ ❌ "Feel the Power" of a Power of Attorney. It may be the most valuable hour you lose creating one. ✔ 🙏 #jointbankaccount #couple #powerofattorney