Creditors can now legally seize money held in joint bank accounts under certain circumstances, the High Court ruled in a landmark judgment last month, departing from its previously-held position that joint accounts cannot be garnished as doing so may be unfair to the banks and the other innocent
holders of joint accounts.CREDITORS can now legally seize money held in joint bank accounts under certain circumstances, the High Court ruled in a landmark judgment last month, departing from its previously-held position that joint accounts cannot be garnished as doing so may be unfair to the banks and...
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