Can a judgment be taken out of a joint account?

Question

I have a judgment that is over more then 10 years old,  the collect agency empitied out an accout that was in my name, but didnt get very much.  We now have a joint account and it has a lot of her money in it, should i worry?

Anonym · Accepted Answer

This is not a tax question.

Bostonian In MO · Answer

Maybe YOU don't have to worry, but SHE certainly does!

If they attempt to enforce the judgment by seizing the funds in the joint account she'll have a limited amount of time to prove what is hers.  Anything that cannot be proven to be hers is at risk of seizure.  I'd STRONGLY suggest that she either drop you as a joint owner (if she's primary on the account) or move HER funds out and into a separate account.

Anonym · Answer

Should she worry?  Absolutely.  On a joint account, either one of you can write a check for the balance of the account...and the judgement allows the creditor to do it for you.

Ryan M · Answer

Yes you should. Joint accounts are fair game.....just like jouint tax returns are.

npk · Answer

Yes, any account with your name on it is fair game.

Anonym · Answer

YES!


I say withdrawl the $ from the bank and stash it under your matress...!!!

tro · Answer

if your SS# and name are on it, very likely yes

Slickterp · Answer

yep.

Can a judgment be taken out of a joint account?

8 Antworten