Question

Can I cancel my bank account before the creditors take my money?

I am in debt and my creditors keep harassing me about taking money from my accounts. If I withdraw all the money from the bank, can the creditors still collect?
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Answered By: Janet A. Lawson Bankruptcy Attorney
They can't collect if they don't know where the money is.

Answer Applies to: California
Replied: 1/17/2012

Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.

Answered By: Bankruptcy Law office of Bill Rubendall
A judgment creditor can levy on your bank account or cash, subject to your right to exempt property that is for necessaries such as food, shelter, and medical needs.

Answer Applies to: California
Replied: 1/16/2012

Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.

Answered By: Law Offices of Robert P. Taylor
No one can force you to keep a bank account. Keep your money at home if you like.

Answer Applies to: California
Replied: 1/16/2012

Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.

Answered By: Diefer Law Group, P.C.
If there is no money in your bank, the creditors cannot take it but they can go after your wages.

Answer Applies to: California
Replied: 1/16/2012

Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.

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