Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Money & Services > Bankruptcy & Debt   »   Bank account money attachment

Answer this Question Ask about Bankruptcy & Debt
 
Question Tools Search this Question Display Modes
Question
 
 
#1  
Old Sep 21, 2007, 04:33 AM
carlekennedy
New Member
carlekennedy is offline 		 
Join Date: Sep 2007
Posts: 2
carlekennedy See this member's comment history on his/her Profile page.
Bank account money attachment
I found that in Texas you can send a simple letter telling your bank not to honor any money
attachments from your bank account by anyone but the IRS and court approved depentdent
support payments. The Texas bank is then not entitled, by law to attach any bank funds. Is
this also true in Arizona? Is there any legal recourse I can use in Arizona to stop creditors
money attachment from my bank checking account ?

Reply With Quote
 
     

Answers
 
 
Old Sep 21, 2007, 04:40 AM   #2  
ScottGem
Computer Expert
ScottGem is offline
 
ScottGem's Avatar
 
Join Date: Jan 2003
Location: LI, NY - USA
Posts: 21,904
ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.
Pay to call ScottGem for advice ($.75/min)
Call ScottGem via Skype™
Where did you get the idea that Texas allowed this? I think you are misunderstanding something. Under certain circumstances, generally where there is a joint account and all the deposits belong to the other owner or where the money deposited is exempt, you can inform your bank of that fact and possibly forestall an attachment. But you can't just tell them not to accept any attachment.
  Reply With Quote
 
     
 
 
Old Sep 21, 2007, 06:50 AM   #3  
ScottGem
Computer Expert
ScottGem is offline
 
ScottGem's Avatar
 
Join Date: Jan 2003
Location: LI, NY - USA
Posts: 21,904
ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.
Pay to call ScottGem for advice ($.75/min)
Call ScottGem via Skype™
I looked at the link you sent (again do not use PM or e-mail for followups). Its is as I said. If an account ONLY contains EXEMPT monies, then you can use a letter like that and in Arizona as well. But its only if the account contains solely exempt monies.
  Reply With Quote
 
     
 
 
Old Sep 21, 2007, 07:26 AM   #4  
carlekennedy
New Member
carlekennedy is offline
 
Join Date: Sep 2007
Posts: 2
carlekennedy See this member's comment history on his/her Profile page.
Quote:
Originally Posted by ScottGem
I looked at the link you sent (again do not use PM or e-mail for followups). Its is as I said. If an account ONLY contains EXEMPT monies, then you can use a letter like that and in Arizona as well. But its only if the account contains solely exempt monies.

Just what exactly is "EXEMPT MONIES" What could be "EXEMPT MONIES"?? "EXEMPT MONIES"
has no meaning or correlation for a laymen. A laymen or a person uneducated in law or it's
terms or vernacular has no idea what "EXEMPT MONIES" means or expresses. Is there some kind of law that divides or segregates bank account funds into different catagories ???
  Reply With Quote
 
     
 
 
Old Sep 21, 2007, 07:31 AM   #5  
ScottGem
Computer Expert
ScottGem is offline
 
ScottGem's Avatar
 
Join Date: Jan 2003
Location: LI, NY - USA
Posts: 21,904
ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.
Pay to call ScottGem for advice ($.75/min)
Call ScottGem via Skype™
Exempt monies would vary from state to state. Some examples would be SSI or SSD payments. Deposits to a joint account attributable to the other tenant on the account if that person is not named in the suit. You would have to check the law in your statement to find out what types of funds are exempt from attachment.
  Reply With Quote
 
     
 
 
Old Sep 24, 2007, 10:00 AM   #6  
steph73
New Member
steph73 is offline
 
steph73's Avatar
 
Join Date: Sep 2007
Posts: 26
steph73 See this member's comment history on his/her Profile page.
Due to my situation with my bank, I spoke with an attorney here in FLorida and they advised before I open another bank account to deposit my SSI into that I have to get a PreWarned Letter that states that the monies in this account are solely direct deposit from SSI and are therefore exempt from garnishment. Is that the same type of letter you are referring to?
  Reply With Quote
 
     
 
 
Old Sep 24, 2007, 10:13 AM   #7  
ScottGem
Computer Expert
ScottGem is offline
 
ScottGem's Avatar
 
Join Date: Jan 2003
Location: LI, NY - USA
Posts: 21,904
ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.
Pay to call ScottGem for advice ($.75/min)
Call ScottGem via Skype™
Quote:
Originally Posted by steph73
Is that the same type of letter you are referring to?

I would think so.
  Reply With Quote
 
     
Answer this Question Ask about Bankruptcy & Debt

« Previous Question | Next Question »

Question Tools Search this Question
Search this Question:

Advanced Search
Display Modes
Linear Mode Linear Mode

 
Similar Sponsors

Similar Questions
Question Asker Topic Answers Last Post
Attachment of account MI-Love Bankruptcy & Debt 0 May 19, 2007 04:44 PM
Attachment of Bank Account dylandog333 Bankruptcy & Debt 1 May 18, 2007 04:04 PM
Attachment of Bank Account lwevans22 Banking 2 May 14, 2007 08:06 AM
Bank Account Attachment calisto_919 Credit 4 Mar 20, 2007 10:52 PM
bank taking money from b. account purplpraze Banking 3 Feb 11, 2007 06:12 PM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 07:22 AM.

Content Relevant URLs by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.