My parents are involved in a small claims law suit. My dad has a sum of money coming from something else, not related to the suit. Can the courts get this money if he deposits it into his checking account??
2007-02-20 01:59:13 · 3 answers · asked by voodoo_moonbaby43968 5 in Business & Finance ➔ Personal Finance
Since it's small claims, I'm assuming that the amount in question is under $5,000. (the amount for small claims varies in different jurisdictions).
If he receives a judgement against him, the person that sued him can attach any property your father has to collect the judgement. That means he can put a lien on your fathers house, car, he can go after bank accounts, etc. They can even garnish his wages.
2007-02-20 02:09:47 · answer #1 · answered by Faye H 6 · 2⤊ 0⤋
Yes, because when to comes to money, courts use any financial information such as bank accounts, investments, properties. Not that they will freeze or harm such assets, but they do check.
2007-02-20 10:03:37 · answer #2 · answered by realwrekonizereal 3 · 3⤊ 0⤋
only if there is a judgement against him & the person who wins the claim puts a lein on his bank account.
2007-02-20 10:07:01 · answer #3 · answered by jack spicer 5 · 2⤊ 0⤋