I have joint account with my son. I deposit only my social security check in that joint account.
Full Question:
I have joint account with my son. I deposit only my social secority check. If I am ued and the creditor gets a default judgement and makes a levy against the joint account, are all funds judgement proof? My son is not a party to the judgment.
04/06/2017 |
Category: Social Security |
State: California |
#35294
Answer:
However, if there any other funds in the account they could be attached. Also we cannot say whether your placing the money in a joint account makes it lose its protected status.