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Infolawyer
Infolawyer, Lawyer
Category: Consumer Protection Law
Satisfied Customers: 54240
Experience:  Licensed attorney helping individuals and businesses.
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I opened a new bank acct. SS deposit in order to be

Customer Question

I opened a new bank acct. for my SS deposit in order to be exempt from creditors. However I had to deposit $50.. Will this compromise exemption?
Submitted: 1 year ago.
Category: Consumer Protection Law
Expert:  Infolawyer replied 1 year ago.
was the $50 ss money or ordinary money?
Customer: replied 1 year ago.
CASH ORDINARY $$
Customer: replied 1 year ago.
Used Cash from my other account which had been only funded by SS.
Expert:  Infolawyer replied 1 year ago.
It will be fine, but a creditor could at best reach the $50
Expert:  Infolawyer replied 1 year ago.
Is the answer acceptable? Kindly rate me positively.

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