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Keeping a Checking Account During Chapter 7 Bankruptcy


When filing for Chapter 7 Bankruptcy, it is important to understand how your checking account will be impacted. Keeping a checking account during bankruptcy can help you manage your money and make payments easier. It's important to remember that the court requires you to turn over all bank accounts, including checking accounts, to the trustee assigned to your case.


There are a few ways in which you may be able to keep an open checking account during bankruptcy proceedings. For example, if you have a joint account with someone who isn't filing for bankruptcy or if the balance in the account is exempt from liquidation under state law, then it may remain open. Additionally, if a creditor has placed a lien on the assets of one or more of your accounts, this does not necessarily mean that those assets must be turned over in full.






The Law Offices of Omar Zambrano has already helped thousands of people and businesses in the past to get out of debt and start over.



Our goal is to help you find a fresh start FAST!


Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706







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