Under the bankruptcy code, there is a provision, which allows a bank to temporarily freeze the account. They do it to help the trustee collectively certify the estate. The reality is that the bankruptcy trustee is in charge of the estate, and they don’t really need the help of the bank. They know the law and they execute on it for the benefit of the creditors. They don’t leave any stones unturned, and they can’t because they have somebody watching over them. I’ve seen banks freeze accounts in the past to verify your financial situation, but it’s becoming less common because of how time consuming it is. Watch the video for more information.