DeLand, FL asked in Bankruptcy for Florida

Q: The house is in foreclosure, can they touch our bank accounts?

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2 Lawyer Answers
Answered
  • Bankruptcy Lawyer
  • Deltona, FL
  • Licensed in Florida

A: You asked this under bankruptcy law. If you are in bankruptcy, the trustee can touch your bank accounts. If the mortgage company gets a deficiency judgment they can potentially touch your bank accounts.

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Answered
  • Bankruptcy Lawyer
  • Fort Lauderdale, FL
  • Licensed in Florida

A: Generally No. If you file a Bky and your accts have over the exempt amounts that could be taken by the Trustee. If you are with a Credit Union, it is likely that the accounts are cross collateralized and they can take it regardless.

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