Wells Fargo is Freezing ALL accounts for Chapter 7 Debtors

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In addition to these new clients, we had several significant Sunrise account expansions during the quarter. MaineGeneral went all in with us. that we could put this chapter behind us and.

Via Fax & US Mail. As Ms. Tafoya’s testimony at the evidentiary hearing demonstrates, Wells Fargo, by itself, made the determination to only place a freeze on accounts of $5,000 or more. The freezing of deposit accounts was not mandated by the Bankruptcy Code, ordered by the Court, or requested by the chapter 7 trustee.

Why avoid certain banks if filing bankruptcy?. So rather than closely examine all the credit agreements you've signed. Some banks put a freeze on bank accounts of people who file bankruptcy, Banks that are known to do this are: wells fargo, Wachovia, and Union Bank.. We are a debt relief agency.

Which leads me to a single, simple question: Are you people all nuts? It’s important to make it clear that Richards, despite his bad financial judgment in racking up a mountain of personal debt. He.