Stop Bill Collectors!

The Smart People's Guide to Outwitting Bill Collectors

Archive for July, 2009

How to Avoid Bank Account Garnishments

Friday, July 3rd, 2009
Bank Account Writ of Garnishment—a Legal Way to Empty Your Checking Account

One of the most alarming things that can happen is a creditor garnishing a bank account. If you have a county court judgment against you, you may be in for a nasty surprise: creditors can legally take every penny in your bank account at no notice to you (up to the amount you owe). This could mean that you get paid, you write a ton of checks to pay bills, and the next day the bank depletes your account. You might only find out about it when the checks start bouncing.
(more…)