Transcript:
00:00:00
Almost everyone is concerned uh about their bank accounts when they file bankruptcy. Obviously, it’s very important to be able to receive your paycheck and to pay your bills and expenses, but you your bank accounts will continue on as normal after filing bankruptcy. There are uh bankruptcy exemptions that are used to to list those bank accounts, but that doesn’t mean uh that money’s being taken or the bank accounts are going to be lost. That just protects them. And there are no changes. Someone
00:00:35
just continues banking as normal after they file bankruptcy. Uh sometimes there are people that due to a a lawsuit or a judgment from one of their creditors uh that they’ve had their bank accounts frozen or or or garnished or something like that. And often they’re filing bankruptcy to get those bank accounts uh lifted uh where they can use them again. So uh that’s uh often a a motivation or reason that some people file. But uh bank accounts you will be able to continue those as normal.
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