If there was a joint loan and one of the signers of the loan went bankrupt would the bank freeze the other signers banking account?

Yes, but temporarily. It's because of the laws in your State. I would see a lawyer soon about this or you could lose everything.

Each State is different and the laws vary. It also depends on the contract you have written up with your partner (read the fine print! ) Good luck & get that lawyer Marcy.

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