(Closed) My sole bank account became a joint account. Can I freeze it?

posted 4 years ago in Legal
Post # 2
Member
13705 posts
Honey Beekeeper
  • Wedding: November 1999

I’d call your bank and ask for the rules.  It depends on how the account is set up (authorized signatory vs. joint owner). 

Post # 3
Member
1112 posts
Bumble bee
  • Wedding: October 2014

It also depends on what state you live in.

Post # 4
Member
1495 posts
Bumble bee
  • Wedding: October 2015

hegetsme:  When we received a joint account I found out that in the event we don’t want a joint account in the future, it’ll requrie two signatures and for us to basically close the account (Citibank). I don’t know if that’s how it works everywhere else though.

Post # 5
Member
3442 posts
Sugar bee
  • Wedding: June 2016

I am the primary holder in our account, so that’s a decision I could make. But we are with a credit union and I don’t think that’s typical. 

Post # 6
Member
6845 posts
Busy Beekeeper

Can you just open a new solo account and transfer what you need into it? You are not required to have a joint account just because you are married. 

Post # 9
Member
13705 posts
Honey Beekeeper
  • Wedding: November 1999

hegetsme:  Theoreitcally you can (subject to whatever maximum withdrawal amounts are in the account).  I hate to ask, but is this because of a divorce/separation?  This could come up in a divorce proceeding, because legally these are joint funds now, and you would be taking and hiding the funds.  Just want you to be aware of some of these issues

Post # 10
Member
288 posts
Helper bee

Would you want your husband to drain a bank account you had shared money in without your knowledge? 

  • This reply was modified 3 years, 10 months ago by  acesandeights.
Post # 11
Member
6845 posts
Busy Beekeeper

hegetsme:  could you take some or all of the money out? Usually, unless the account is set up to require two signatures. As a PP stated, though, if you are headed into divorce or have something dicey going on you could be held accountable and forced to repay the money, or worse if it wasn’t clearly your money to begin with. Check your state and your bank. 

Post # 12
Member
3222 posts
Sugar bee
  • Wedding: September 2016

My mom’s bank put my dad on her account in error, then wouldn’t take him off without him signing the paperwork. She got really grumpy about it because it was never his in the first place, took out all but one dollar and abandoned it. They never had marital problems around or because of this and he was bewildered as she was about how his name got drawn into it. If your situation is similar you can do that.

if your situation is a total legal/separation situation – talk to your lawyer. If you don’t think that you need one in general, just know that you need one for this because anyone who advises you differently without being your lawyer actually isn’t familiar enough with the potential legal consequences where you are to know what they are talking about.

  • This reply was modified 3 years, 10 months ago by  babeba.
Post # 15
Member
3222 posts
Sugar bee
  • Wedding: September 2016

hegetsme:  I went and read your previous thread (at least the OP) from four months ago. Get a lawyer.

 

reach out to every single “help women” organization, law school with free legal clinics, John Howard Society or veteran’s family association you can find until one can help you right away. believe me when I say, if they realize how much you need their help, they will find a way to get you the help ASAP. They just need to realize how much you need it, so try your best to tell them. Trust me – nobody else needs those resources as much as you do right now!

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