Legal Question in Credit and Debt Law in Florida
Garnishment of brokerage account
If I have a judgement against me for credit card debt and own various stocks in a brokerage account can they (the stocks) be seized and sold or can they (the CC company) make it impossible for me to sell the stock and receive the proceeds?
Asked on 8/28/03, 7:02 pm
1 Answer from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: Garnishment of brokerage account
If the account is not exempt, yes.
Answered on 8/28/03, 8:35 pm