FREEZING BANK ACCOUNTS w.r.t UNPAID DEBTS

under what rules is a creditor allowed to freeze the bank accounts of a debtor ?

when & how should this procedure be done ?

awaiting response

thank you

I think you should post this in a banking forum.

By the way, Iā€™m just thinking aloud here - I dont know if the creditor has the powers to close the account of a debtor.

Maybe you can answer if a broker can freeze linked bank accounts of a trader who defaults on margin. What is the typical recovery process for unpaid margins ?

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