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Paul Porvaznik – Business Litigator

Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)

Tag Archives: non-debtor

Creditor Rights To A Debtor’s Joint Bank Account Funds and Life Insurance Policies

(Photo credit: www.wisegeek.com: Google images) In the perpetual cat-and-mouse game played out across the collection law landscape, an important recurring question is what rights a creditor has to a debtor’s joint bank account  – an account with two or more account holders. The creditor wants to attach as much of the account as possible to …

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Posted byPaulPApril 20, 2014February 27, 2017Posted inCreditor's Rights, Post-judgment - CollectionsTags: 12-1001, creditor, debtor, foreign judgment, garnishment, Illinois, joint checking account, life insurance policy, non-debtor, Porvaznik, right of survivorship
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