Legal Question in Credit and Debt Law in California
I have power of attorney on a bank account my husband uses for his business. I am being sued by a creditor and they have been levying all accounts I own. Will they be able to levy this one?
Asked on 9/03/10, 7:18 am
2 Answers from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
Could be, but not because you have a power of attorney.
Answered on 9/08/10, 7:41 am
If you have the right to withdraw funds from the account for your own purposes, they can reach it. Otherwise probably not, though community property can be taken to satisfy a debt, so they might be able to get it anyway.
Answered on 9/08/10, 6:53 pm
Related Questions & Answers
-
How can I stop wage garnishment other than bankruptcy Asked 9/02/10, 8:01 am in United States California Credit, Debt and Collections Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
