http://www.bankruptcylawnetwork.com/2007/08/04/tidy-up-when-filing-bankruptcy/ Real Lawyers, Real Solutions Tue, 10 Nov 2009 16:34:06 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://www.bankruptcylawnetwork.com/2007/08/04/tidy-up-when-filing-bankruptcy/comment-page-1/#comment-17914 Before you file bankruptcy: change banks at Bankruptcy Law Network - Real Lawyers, Real Solutions Mon, 20 Aug 2007 14:21:05 +0000 http://www.bankruptcylawnetwork.com/2007/08/04/tidy-up-when-filing-bankruptcy/#comment-17914 [...] After a bankruptcy, a bank may claim to have the right of off set against the funds on deposit in their bank on the day of filing.  It is a kind of lien on the account, dependent on the bank having possession of your funds.  Sometimes the bank even claims a right in money deposited to the account shortly after bankruptcy. The moral of this story is not to keep your funds in a bank to whom you owe money if you are in financial trouble.  Opening an account at  a new bank may be part of tidying up your affairs in preparation for bankruptcy. Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages. [...] [...] After a bankruptcy, a bank may claim to have the right of off set against the funds on deposit in their bank on the day of filing.  It is a kind of lien on the account, dependent on the bank having possession of your funds.  Sometimes the bank even claims a right in money deposited to the account shortly after bankruptcy. The moral of this story is not to keep your funds in a bank to whom you owe money if you are in financial trouble.  Opening an account at  a new bank may be part of tidying up your affairs in preparation for bankruptcy. Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

]]>