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merri12
Jun 10, 2011, 02:32 PM
Can credit card judgments levy money from a bank account that is held in trust for my daughter for her social security checks? I am her payee and I want to keep her money safe. It is held: My name "Beneficary FOR" her name, as Social Security requests.
Thanks,
Micky

JudyKayTee
Jun 10, 2011, 06:15 PM
Who is the Judgment against, you or her?

merri12
Jun 10, 2011, 07:45 PM
Sorry about that, It is for me not her not my daughter, I want to protect her from my judgment.
Micky

tickle
Jun 10, 2011, 11:14 PM
https://www.askmehelpdesk.com/credit/credit-card-levy-581216.html

ScottGem
Jun 11, 2011, 06:50 AM
First, when posting a follow-up question or info, please use the Answer options at the bottom of the page rather than the Comments. Don't start a new thread. I've merged your threads for you.

If you are the owner of the account, then they may attach it, even if she is listed as the beneficiary. For it to be completely protected it has to be either "in Trust for" or in her name, with you having administration privileges or as trustee.