How can we let everyone know about these freezing accts upon bankruptcy filings.
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Wells Fargo and Union Bk
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They did not freeze ours. File a Chapter 7 3/11 and 341 was 4/24 I think anyway.
I have heard something about it's their policy to do this to preserve assets for the Trustee or something like that.
I don't know if it's a rumor or not. I would not make a positive statement about it today on the internet unless you know for a fact they are doing this. Too many are getting sued nowadays.
We filed and had our 341 and WF has not touched our accounts.
That's a good thing for the bank manager!
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I found this on internet. It sounds like a new policy with banks. http://bklaw.com/bankruptcy-blog/200...counts-freeze/chpt 7 ,5-2009
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O joy and Wells Fargo just took over my bank.
I was planning on leaving anyways, I run as fast and far from Wells Fargo as possible. Seen them screw far to many people I know, same with BOFA.3/2/09- Filed: chapter 7 / No asset
4/1/09- 341 Hearing: 1 creditor showed up Got to love family feuds
4/2/09- Trustee Report of No Distribution Filed
6/24/09- Discharged and case closed
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Originally posted by kenshirley View PostI will say again that my position is that unless the Trustee notifies the bank on behalf of the court that any bank that does this is in violation of the law.
Ouch, I will be getting away from them as soon as I can.
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My attny (40 years experience) and one of the state trustees here in FL said there is no way WF can do this if you dont owe them money. Of course, they still might try, but they're not supposed to.
i am filing later this month, so i'll let you know what happens as i bank with Wachovia (now WF)
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Originally posted by SCorpPain View Post
I must think that someone is confusing what happened to them due to cross collateralization or some other debt or agreement they had with the bank.
Short of a court order, policy of any bank does not make law, period.
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Originally posted by kenshirley View PostAre you telling me that I am an isolated case? I am telling you that I am with WF and had not problems when I filed and through my 341 meeting.
I must think that someone is confusing what happened to them due to cross collateralization or some other debt or agreement they had with the bank.
Short of a court order, policy of any bank does not make law, period.
I don't know what is going on, but my accounts are with WF and I will close them before filing.
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Please look at my latest post in this thread http://www.bkforum.com/showthread.php?t=38571 for clarification on the 5000.00 amount referenced earlier.
It is from a NY case.
Here is the source for those who are interested.
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