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Roger, Lawyer
Category: Real Estate Law
Satisfied Customers: 31782
Experience:  BV Rated by Martindale-Hubbell; SuperLawyer rating by Thompson-Reuters
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I plan to reinstate my mortgage, but I am worried that the

Resolved Question:

I plan to reinstate my mortgage, but I am worried that the people who have a judgement over a credit card aginst me, can somehow get their hands on that money when I send it to the bank. They have already levied my accounts at two other banks. The only bank left is the one with my mortgage account and a savings and checking account. Please help.
Submitted: 7 years ago.
Category: Real Estate Law
Expert:  Roger replied 7 years ago.

The only way the creditor can get to this money is if you put it in a checking or savings account that belongs to you.


If you put the money in an escrow account at the bank, with a law firm, etc. that is not in your name, the money should be safe until transferred to the lender.


You could also keep the money in cash until you pay the lender. This would ensure the money went where you want it to go.

Customer: replied 7 years ago.

This amount is now in cash, I will go to the bank and get a cashiers check made out to the mortgage company and send it overnight mail to the address that they have told me to send it. Using this method should be safe and out of their reach?

Expert:  Roger replied 7 years ago.
Yes, that's safe as well. So long as you don't deposit the money into your personal checking account, you should keep it from this creditor.
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