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Tag: filing for bankruptcy with a joint bank account

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What Happens to a Joint Banking Account When One of the Account Holders Files for Bankruptcy?

Now and then questions arise during a bankruptcy case regarding bankruptcy and joint accounts. For instance, a young man may be a joint account holder on his grandmother’s account in order to aid her in her banking needs. The money in the account is the grandmother’s: her savings and her day-to-day funds. It’s everything she has. […]