Is it "Normal" for a Franchise Company like Bricks and Minifigs to "keep the bank accounts" for a Franchisee?

I saw this question in another thread and thought it deserved a post of it's own:

Chrystal said repeatedly that she did not get the bank accounts turned over from BaM when she bought the franchise.

To me that is a BIG ASSED RED FLAG.

If she didn't have the accounts - how was she paying anything?

And if BaM had the accounts - how can they claim she wasn't paying?

Is it possible that yes, they never turned over the "old" accounts and that she then created new ones that she used to pay the store expenses and credit card?

And then BaM comes along and says that she was behind on payments and rent - thus the takeover.

What I think happened:

1. BaM took the store back from the "pre-Chrystal owner" and also took over the lease and the bank account(s).

2. BaM sold the franchise to Chrystal - she asked for the bank account(s) and lease to be transfered. They never transferred either.

3. Chrystal created a new back account and used it for the store. BaM still had the old account(s) but nothing was going into or coming out of them.

4. Since Chrystal did not have the lease, she probably (wrongly) assumed that it was being covered by BaM.

Thoughts?