Divorce, Loss of Custody, Bankruptcy, lots of bad decisions, job loss — you name it. I lost my job 2 years ago and racked up a fair amount of debt. I also gained back custody of my oldest the year before she started college (still think it’s a plot by my ex) and thankfully, with my financial situation and her excellent grades, she got a full scholarship to a wonderful school. In preparing her for college, I started a bank account for her— all her money — but as she’s under 18, it’s tied to my account.
Can my aggressive creditors take her money? I have one judgment — from 6 years ago, which already took $1700 from a previous bank account when I was unemployed — who has resurfaced 2 years later and is threatening to find my current bank account by going through my other creditors. They sent a fake subpoena (and yes, I work for law firm so I checked) to me showing that they had served my auto finance company with a request for production on my credit. I know I can’t run from this and eventually it may end in garnishing of my wages, but I just don’t want my child to be hurt by this. Thanks for your help!
Can My Creditors Take My Daughters Money From the Bank Account I Started for Her? - Beth by Consumer
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