If a bank has a judgement against me and garnished 3 of my accounts at another bank, if 1of them is a joint account with my wife can that account be released?

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If a bank has a judgement against me and garnished 3 of my accounts at another bank, if 1of them is a joint account with my wife can that account be released?

The account is joint with my wife.

Asked on July 25, 2012 under Bankruptcy Law, Missouri

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

Under the laws of all states in this country a joint bank account owned by two separate people is subject to levy as to its entirety if the judgment that is being levied for on the account is against one of the joint owners. For you and your spouse, this is unfortunate. You may wish to place all accounts for the time being in your wife's name.


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