Yes, if you file Chapter 7 bankruptcy, the Bankruptcy trustee will take money from where ever you have it.
I have responded to your inquiry according to the laws of Massachusetts, where I practice. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options.
Email messages/Online Correspondence are akin to conversations and do not reflect the level of analysis applied to formal legal opinions. Email/Online responses do not form an attorney-client relationship.
Joseph F. Botelho, Esq. BOTELHO & ASSOCIATES, LLC Attorneys At Law www.massachusettslawyeronline.com 126 Shove Street Unit 202 Fall River, MA 02724 Office: 888-269-0688 Cell: 508-801-6747 FAX: 877-475-8147
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Answered on Jun 29th, 2012 at 12:59 PM