Legal Question in Credit and Debt Law in Colorado

i recently had my savings account emptied with out notice. a company named LVNV funding hired a local law firm to somehow seize my entire savings account which was every penny i had. my bank said it had no choice and did not need to notify me as the said it was court ordered. i am unemployed father of 5 and husband. that money was to support my family for the next three months by way of student loans. they left me in a very rough spot financially as i do not own my home i rent. is there any legal recourse for me


Asked on 5/14/13, 5:45 am

1 Answer from Attorneys
Robert Murillo Pivotal Legal Ltd.

Were you served with a lawsuit and failed to appear? The only way to attach and remove funds from an account is after getting a judgment. They then proceed to collect by using various means, including going after your account under a writ of garnishment. See this on general procedure http://www.courts.state.co.us/Forms/renderForm.cfm?Form=29

Ultimately, to determine what options you may have will require that you speak with an attorney so they can review the file and the procedures. If you can't afford an attorney, contact legal services.

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Answered on 5/14/13, 6:03 am


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