What Protection to take on Checking Account

Makes no difference, once they get that judgment and know your account, expect a bank levy.

Not true. Only a spouse will they be able to levy an account. If you put your child, your mother or a friend on the account it can't be touched.


http://www.carreonandassociates.com/articles/garnishments.htm




Garnishments can be filed every 30 days until the judgment is satisfied. Every time a judgment creditor wants to rape your bank account, they must file a new levy. Each levy is good for one shot only. While this may be time consuming for the judgment creditor, it is well worth it for them to pay the filing fees each time. You can change several patterns to reduce your odds of having your accounts seized. A judgment creditor cannot levy a bank account that has an uninvolved party listed on that account. If your bank account is being targeted and you have no desire to open a new one then consider adding a child on your account as a trust or co owner. Once a third party to the debt is added to that account, it throws a wrench in the judgment creditors plan to seize your funds. If a judgment creditor knows your bank account number then they will continue to target your account until the debt is satisfied. Adding a trust to your account and then notifying the judgment creditor that they are seizing an account with a third party on it should stop the levies unless of course that third party is your spouse.