I want to file for bankruptcy in chapter 7, but I’m not sure if I should because a creditor has frozen my bank account.

My bank account is already frozen by a judgment creditor. Is Chapter 7 bankruptcy still a good choice for me? Is there a way to get my account unfrozen by filing for bankruptcy?

Asked on June 29, 2009 under Bankruptcy Law, Maryland

Answers:

B. B., Member, New Jersey Bar / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

You need to talk to a bankruptcy lawyer very quickly, I think.  The next step in the collection process is that your judgment creditor will ask the court for an order turning over the funds in the account.  If you file a bankruptcy case before that happens, the court can't enter that order, at least not until your creditor gets permission from the bankruptcy court.

What makes the most sense for you will depend on a fairly detailed review of your situation, your assets, debts and income.  One place to find a lawyer who can work through this for you is our website, http://attorneypages.com


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