Tuesday, January 20, 2009

Can ex take the money legally

My ex and I have a joint savings account, we split well over a year ago but he has left me with all the joint debts and disappeared. Im now having my wages paid into my saving account because my current account is in a huge state due to debt. My credit history is that bad I cannot open another bank account. The savings account is in both our names, Im the main account holder what I would like to know is can he legally take money or transfer money from this account?Thanks in advance
      Answer1:If its a joint account yes he can. get your bank to change it today.not sure if you could say hed stolen it but he could get hold of it.
      Answer2:If his name is still on the account he is part owner of it and can do anything with that account that you can. If you are divorced and all your assets have been divided it might be illegal for him to take it but if he did take it would you be willing to fight for it? Even though it would be illegal for him to take it, if his name is still on the account he still has access to it. I suggest putting it into another account that he cant touch or giving it to a very trusting friend or relative to put in their account.
      Answer3:yes! You need to make alternative arrangements ASAP!!Speak to the bank where you have your joint account, and also to your employer - or any day now you will find yourself missing a months wages.Doesnt matter whether it is legal or not, he will do it.
      Answer4:yes, you really need to have separate accounts...you need to take legal action to get him to pay his share without letting him have access to your money
      Answer5:If it is a joint account on which you both have signing authority and only need one signature then yes.If it requires both signatures then no.aa
      Answer6:You CAN get another bank account even if you have a poor credit rating. All the major banks have basic accounts which anyone can open as long as they do not have a record of fraud. They dont offer credit, so credit rating doesnt come into it. You wouldnt get an overdraft or chequebook, but you could have your direct debits/standing orders and cashcard. If you specifically ask for a basic account and can prove your identity, the bank have no grounds for turning you down. This link shows the features of all basic bank accounts so you can compare - and make sure you ask for the account by name when you visit the branch.http://www.moneymadeclear.fsa.gov.uk/HTM...About your debts - I recommend you contact National Debtline, which is a free and confidential debt advice charity and can take you through your options. Website nationaldebtline.co.uk, telephone 0808 808 4000.
      Answer7:I suggest you speak to your bank ASAP, dont delay.

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