A subpoena is a courtroom order that compels an individual or group to supply particular data 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, akin to when an individual is suspected of committing fraud or when a enterprise is being sued for damages.
Financial institution data can present beneficial details about an individual’s monetary historical past. This data can be utilized to show or disprove allegations of wrongdoing, to calculate damages, or to find belongings. In some instances, financial institution data could be the solely proof obtainable to show a declare.
