QUESTION
If I have a judgement placed against me can they seize my personal bank accounts?
Asked on Jun 26th, 2013 on Bankruptcy - Arizona
5 ANSWERS
Yes, they can. They can garnish your wages too.
Answered on Jun 27th, 2013 at 12:45 PM
Yes, a creditor who has a judgment against you can garnish your bank accounts. However, you might be entitled to an exemption (or exemptions), and you should contact an experienced attorney if you are garnished.
Answered on Jun 27th, 2013 at 12:45 PM
Appellate Attorney serving Grosse Pointe Farms, MI
at
Musilli Brennan Associates, PLLC
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Yes, normally.
Answered on Jun 26th, 2013 at 8:34 PM
Debt Collection Attorney serving Chicago, IL
Partner at
Edelman, Combs, Latturner & Goodwin, LLC
2 Awards
Yes, subject to applicable exemptions, which include the $4,000 "wildcard" exemption, which you must claim, and exemptions based on the source of the funds, such as social security and disability payments, which a bank is obligated to identify whether or not you claim the exemption.
Answered on Jun 26th, 2013 at 8:29 PM
Bankruptcy Attorney serving Phoenix, AZ
at
Law Office of D. L. Drain, P.A.
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You will need to investigate the exemptions in the state where you live. Each state has a different exemption list.
Answered on Jun 26th, 2013 at 8:24 PM