How to Fight a Bank Account Garnishment
Garnishing the bank account of a debtor, would be the final step that a creditor would try against you to recover the liabilities. In the process of bank account garnishment, the creditor has to obtain a legal order from the court to freeze your bank account and take away the required amount of money that would satisfy the judgment. If the account lacks enough money, then you are accountable for the remaining money due. They will keep coming after you until they get their money!
In every other case of bank account garnishment, you would definitely want to know How to fight a bank account garnishment. The main motive in trying to fight bank account garnishment is to avoid them from taking your money. There are several possible ways you can keep your money safe, even when you are holding a huge amount of outstanding debts.
In the first place you can keep your bank account empty, so that the process of bank account garnishment will not have any effect as there is no available money for the creditors to take away.
Request that your employer provides you with checks instead of doing a direct deposit in your bank account. But one thing you have to keep in mind is you will then have to pay your bills by using money orders. Otherwise you will be in court answering for a number of bounced checks. And, believe it or not, district attorneys don’t accept the defense that a shady bill collector emptied your account and caused you to bounce your checks.
Another way to tackle this problem is by setting up an exemption bank account as per the state exemption laws, if you earn exempt funds like social security or disability. By doing this you will have the law on your side to protect the money in your account, as this requires filing of an exemption with the court.
Opening a bank account in a different state would also be an option to fight against your bank garnishment, but this isn’t a full time protection of your money. There is a good chance of the creditors tracing this new account of yours and eventually they will empty it. But this won’t occur overnight, as they would have to deal with the courts in a different state and go through their set of exemptions and rules.
One of the best ways to protect your money from getting garnished is, to open an offshore bank account and save all your money in it. It is 100% legal and is being utilized by individuals and organizations across nations to safe guard their assets.
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