If you get a prepaid debt card, would it be subject to garnishment from a court levy?
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If you get a prepaid debt card, would it be subject to garnishment from a court levy?
Asked on September 14, 2010 under Bankruptcy Law, Michigan
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
Technically, this is an asset and could be garnished. However, this assumes that your creditor will find out about it. Since these cards are pre-paid it would be difficult, if not impossible, for a creditor to trace. However, if ever asked about them by the court (this virtually neverhappens), you would have to admit to having one.
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