About Bank Account

September 1st, 2005 by Questions

if I open a bank account with a bank I owe nothing to, is there any way creditors can take the money WITHOUT going to court?


One Response to “About Bank Account”

, Barton Goth, GCO Inc. Bankruptcy Trustees said:

Assuming none of your creditors currently hold a judgement, then once you have changed banks and are using an institution you do not owe money to, then you creditors will be unable to access those funds without going to court or obtaining your written permission. The only major exception to this is debts owed to Canada Revenue Agency, they have the ability to do many things that a typical creditor is not.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)