ADMINISTRATIVE FREEZE

administrative freeze.Bankruptcy. The refusal by a debtor’s bank to permit withdrawals from

the debtor’s bank account after the bank learns that the debtor has filed bankruptcy, usu. because

the  debtor  owes  money  to  the  bank  in  addition  to  maintaining  funds  on  deposit.  [Cases:

Bankruptcy    2678.C.J.S. Bankruptcy § 164.] [Blacks Law 8th]