what type of bank accounts are safe from creditors?

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what type of bank accounts are safe from creditors?

2006-08-07 03:28:44 · 2 answers · asked by Dawn M 1 in Business & Finance ➔ Other - Business & Finance

2 answers

A Swiss or other offshore account would be it, assuming they don't find the records. If you are asking for bankruptcy reasons, they will look at prior bank statements and will question where all your money went.

2006-08-07 04:14:54 · answer #1 · answered by Thrasher 5 · 0⤊ 0⤋

a creditor can find you in most any account at any time there is no time limit but !!! stay away from Fed. credit Unions and keep your money out of a savings account I don't mean you shouldn't save but be safe.

2006-08-07 11:35:09 · answer #2 · answered by Financial Planner 1 · 0⤊ 0⤋