If you are receiving Federal benefits in the form of money deposited in your bank account, the account funds may be protected from a bank levy by creditors.
Category: Bank Accounts
A bank cannot take your IRA account when you file bankruptcy San Diego, provided that your IRA is truly an IRA account set up under law governing IRAs.
You can keep an education IRA in bankruptcy San Diego, with the help of a skillful lawyer and if the educational IRA meets certain requirements.
Under San Diego bankruptcy law, in most cases you can put money in a bank account after bankruptcy and the bank cannot touch your money.
Some banks may close your accounts when you file bankruptcy, so it is important to know the policy of your bank to make sure your bank account is not closed.