honestwoman
Junior Member
What is the name of your state (only U.S. law)? FL
Good day,
Long ago, my husband opened a checking account with a bank. After few months, I was also added to that account. The cheque book contains both our names printed on it. We can deposit any cheque, issued on my name or my husband name or both, into that account. Recently, I am sued in a civil litigation. Due to several reasons, I am also thinking of filing bankruptcy in the next few months. I have a couple of questions.
(1). If I lost the case, can the OC garnish all the money from that bank account or part of it (if so, which part)? If I file bankruptcy, can the bankruptcy court garnish all the money from that bank account or part of it (if so, which part)?
(2). Now if I open (along with my husband) a new bank account using tenancy by entirety (TBE) and deposit all my (and my husband’s) future earnings into that account, will it be violation of any rule (violation means: will it create any problem) if I lost the case or if I declare bankruptcy?
(3). Our home needs some repairs such as roof, countertops, etc. I wish to spend some money from our existing bank account (or from the planned TBE bank account) to fix the house. Will it be a violation of any rule if I lost the case or if I declare bankruptcy?
(4). My son is joining college and needs a car. If we buy a reasonable car for him using the funds from our bank accounts, will it be violation of any rule if I lost the case or if I declare bankruptcy?
(5). My husband recently visited another country, where he has extended family, to get medical treatment. Can we write a cheque to the doctor l in that country? If so, will it be violation of any rule if I lost the case or if I declare bankruptcy?
(6). My parents live in another country. If I write a cheque to my parents, will it be violation of any rule if I lost the case or if I declare bankruptcy?
(7). I was contributing to IRA until 3 years ago. If I restart contributing to IRA now, will it be violation of any rule if I lost the case or if I declare bankruptcy?
I do not want to create further complications for myself (from OC or bankruptcy court) by any of my future actions.
Good day,
Long ago, my husband opened a checking account with a bank. After few months, I was also added to that account. The cheque book contains both our names printed on it. We can deposit any cheque, issued on my name or my husband name or both, into that account. Recently, I am sued in a civil litigation. Due to several reasons, I am also thinking of filing bankruptcy in the next few months. I have a couple of questions.
(1). If I lost the case, can the OC garnish all the money from that bank account or part of it (if so, which part)? If I file bankruptcy, can the bankruptcy court garnish all the money from that bank account or part of it (if so, which part)?
(2). Now if I open (along with my husband) a new bank account using tenancy by entirety (TBE) and deposit all my (and my husband’s) future earnings into that account, will it be violation of any rule (violation means: will it create any problem) if I lost the case or if I declare bankruptcy?
(3). Our home needs some repairs such as roof, countertops, etc. I wish to spend some money from our existing bank account (or from the planned TBE bank account) to fix the house. Will it be a violation of any rule if I lost the case or if I declare bankruptcy?
(4). My son is joining college and needs a car. If we buy a reasonable car for him using the funds from our bank accounts, will it be violation of any rule if I lost the case or if I declare bankruptcy?
(5). My husband recently visited another country, where he has extended family, to get medical treatment. Can we write a cheque to the doctor l in that country? If so, will it be violation of any rule if I lost the case or if I declare bankruptcy?
(6). My parents live in another country. If I write a cheque to my parents, will it be violation of any rule if I lost the case or if I declare bankruptcy?
(7). I was contributing to IRA until 3 years ago. If I restart contributing to IRA now, will it be violation of any rule if I lost the case or if I declare bankruptcy?
I do not want to create further complications for myself (from OC or bankruptcy court) by any of my future actions.
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