My checking account is frozen due to a hold put on it by an old creditor. How long can it stay frozen? Will I have to wait until the problem is resolved? How can I pay my bills without access to my money? I live in the state of New York.
State law will dictate the duration of the hold of those funds. You should have received a copy of the order holding the funds, either from the court or from the bank. The order should tell you which court is hearing the case brought by your "old creditor."
If you believe you don't owe money to the creditor, you or your attorney must appear in court to dispute the creditor's claims. Make sure you know where and when any hearing is scheduled. If the freeze of your funds is creating a hardship, you can try to make some sort of settlement with your creditor. In the meantime, you can attempt to set up another account outside the reach of the hold, perhaps at another bank, but be aware that if your creditor learns of the new account, it, too, could get attached or held.
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State law will dictate the duration of the hold of those funds. You should have received a copy of the order holding the funds, either from the court or from the bank. The order should tell you which court is hearing the case brought by your "old creditor."