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 ?


Asked on 1/17/13, 5:28 pm

1 Answer from Attorneys
Nancy Wallace Nancy Wallace Atty at Law

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.

Read more
Answered on 1/20/13, 7:47 pm


Related Questions & Answers

More Workers' Compensation Law questions and answers in California