Legal Question in Banking Law in Minnesota
Banking Account Garnishment
I have a line of credit account at a Bank. Can a creditor access my available balance to pay a debt that I owe without my permission?
Asked on 8/25/08, 4:55 pm
1 Answer from Attorneys
David Anderson
Anderson Business Law LLC
Re: Banking Account Garnishment
If there is no judgment in place, the only way is via subpoena pursuant to a civil or criminal court file.
Exception is if you granted permission via Security Agreement or other credit related document.
Answered on 8/25/08, 5:05 pm
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