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Can you stop a creditor from freezing funds in a joint checking account that includes the paychecks of your spouse who is not involved in the debt?

In: Debt Collection, Banking, Money Management, Commercial Bank and Checking Accounts [Edit categories]

Answer:

Answer

Yes. Creditors cannot seize bank accounts except by due legal process. Which entails filing a lawsuit, winning a judgment, executing the judgment against the debtor's nonexempt property. The defendant is given an opportunity to claim exempted property before the judgment is rendered. A summons should never be ignored. Not appearing to defend a suit results in automatic default for the defendant.

First answer by Macky. Last edit by Macky. Contributor trust: 5185 [recommend contributor ]. Question popularity: 29 [recommend question].

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