Comments on: What Type Of Attorney Do I Need For Q’s About Credit Card Judgement Causing Bank Account & Car To Be Seized.

By: Rachel N ♥

Rachel N ♥ — Mon, 25 May 2009 11:19:46 +0000

I asked an attorney that specialized in bankruptcy the same question a few years ago - about how to avoid having cash in bank accounts from being seized.
And the answer that I got was to find an out-of-state bank that has NO branch offices in your home state of any kind, and open an account there. I guess that the resaoning behind it is that they usually look for accounts in your name at banks in your own state, and not in others. Well, thats was what I was told anyway. It makes sense to me. Also, I do know that some states, if not all, have laws regarding this sort of thing, such as exemptions that you are entitled to, and so on. I would look into that if you are concerned. For example, in my state, the first $1,000 of cash in my account is exempt. Now, someone with a judgement against me can go ahead and take that money. But then, I would file a form that indicated the money was exempt, and they would have to return it within ‘x’ number of days into my account. The sad thing is that you have no warning that the money is going to be taken. It would be there one day, and gone the next. And if your account is drained, and you have outstanding checks, and other purchases which have not yet cleared, guess who gets stuck with all the overdraft charges?
But, I’m not a lawyer. I’m just going on what I have heard, and read from time to time, and have no actual experience with this. So, I could be wrong…

By: sheera12

sheera12 — Mon, 25 May 2009 11:19:46 +0000

can you open another bank account at a new bank? I messed up bad myself years ago and had to pay off the debt to the men in black trench coats! It takes time to make it right. Do the right thing and it will work out for you.
good luck

By: napolee_

napolee_ — Mon, 25 May 2009 11:19:46 +0000

I would see an attorney that has a back ground in inhertitance and tax. But if you deposit that check, the have right to that asset. Can you give that check to a family member, let them deposit in their back, and once it clear give you the cash?

By: oklatom

oklatom — Mon, 25 May 2009 11:19:46 +0000

If the credit card company already has the judgment, it’s too late for attorneys now, the day in court is over.
If you now have some assets to pay off part of their judgment, they will probably get it.

By: Karen

Karen — Mon, 25 May 2009 11:19:46 +0000

i am normally not an overly religious type, but I like what Padre Pio had to say about these matters, “Don’t worry, just pray.” And God bless all of us who struggle

By: Ted J

Ted J — Mon, 25 May 2009 11:19:46 +0000

Call any attorney and he will direct you.

By: bryan l

bryan l — Mon, 25 May 2009 11:19:46 +0000

consumer rights attorney