A subpoena is a courtroom order that compels an individual or group to offer particular info or paperwork. Subpoenas are sometimes utilized in authorized proceedings to acquire proof or to compel testimony. Financial institution data might be subpoenaed in a wide range of conditions, corresponding to when an individual is suspected of committing fraud or when a enterprise is being sued for damages.
Financial institution data can present helpful details about an individual’s monetary historical past. This info can be utilized to show or disprove allegations of wrongdoing, to calculate damages, or to find belongings. In some instances, financial institution data would be the solely proof out there to show a declare.
