Legal Question in Workers Comp in California
I received a compensation from Workers Com during the process I returned my vehicle to the Financial I deposited the check to the bank and I wanna know if the finacial company can seize my account . Since I received that money for medical issues ?
1 Answer from Attorneys
The money is yours and if there is a judgement or IRS/ State Tax lien YOU CAN LOSE YOUR MONEY.
So put the money that you got to pay for your medical treatment in a Trust with a Spendthrift Clause like OJ where the money is no longer yours, but is owned by a Trust that doesn't owe money to creditors or the government.
As long as the account has your social security number anywhere on it, a creditor can find it and get an order and take it from you. The purpose for which the money came to you makes no difference.