Know The Legal Ways Followed In Bank Account Search By Social Security Number

Every bank and financial organization has some business ethics to follow and privacy policy of their clients is the primary one among them. Therefore, you will not be able to procure any details of a bank account of another person from them no matter how serious may be the reason. You will have to have some proper legal documentation and authority for that which the agencies specified for such searches possess. Moreover, you will need to have a lot of contacts at different levels and most importantly a wide network to facilitate the search process.

The Legal Ways To Locate Bank Accounts

There are several legal ways for Bank Account Search by Social Security Number and UCC Filings is one of these. It will be required to file a copy from the secretary of state so that the search is made of Uniform Commercial Code filings. In such cases the bank that gave the loan to the defendant may be the same bank that the defendant uses personally which is a general practice by the debtors and is also a very sensible one for that matter. Due to the existing relations with the bank, the chances of getting a loan are brighter.

Check From Secured Party

There may be a few checks given to the debtor from the secured party which will also help in the Bank Account Search by Social Security Number. This is a specific situation when loan is issued to the debtors that have to be deposited into the account of the debtor. The bank account number is always written at the back of the check during deposition as the check makes its way back to the issuing bank. You can have the document trail if you subpoena the party for a copy of such a check.

The Loan Applications

The purpose of the UCC filing will also have to be kept in mind. There may be a loan application made by the defendant from a secured party and in this case the purpose of UCC filing is to provide notice to the general public that the secured party has some interest in property of the debtor. In this case the loan application form and the financial statement helps a lot in Locating Bank Accounts. Such information must necessarily contain the bank account information of the debtor.

Copy Of The Debtor Checks

When loan is taken from a bank then the debtor has to issue checks of his or her own bank account for the repayment purpose every month. Such obligatory payments are never taken in cash but in check. Again if you subpoena the targeted bank depending on the above information you can get a copy of such checks for your perusal.