If my 17 yer old daughter was awarded a personal injury settlement when she was 7 and has now without permission taken $5000 from someone, can she borrow the money to pay it back?
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If my 17 yer old daughter was awarded a personal injury settlement when she was 7 and has now without permission taken $5000 from someone, can she borrow the money to pay it back?
She is also in legal trouble and has a fine of $2000 payable to the courts in order to receive her drive’rs license. Can she borrow this money?
Asked on November 23, 2012 under Personal Injury, Arizona
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Whether or not your minor child can borrow the money placed in an interest bearing blocked account depends upon the result of a court order seeking the borrowing of the money after the guardian ad litem files a motion with the court seeking what you desire. In essence the court makes the decision as your question in the end.
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