Insert Currency to the Affidavit Of No Creditors and eSign it in minutes

Aug 6th, 2022
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How to Insert Currency to the Affidavit Of No Creditors

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(uplifting music) - Hey, everybody. Paul from Cary Estate Planning, back with another video as part of our 2020 video challenge. This is continuing on our theme of estate administration. Today, were talking about the affidavit of notice to creditors. So, in addition to the affidavit of publication that we spoke about the previous video, the personal representative has to also swear through the affidavit of notice to creditors that they have put known creditors on notice of the death itself and made them aware of their need to make a claim against the estate, ing to the required timeframe. So these things are usually, you know, submitted simultaneously to the clerk of court, along with the inventory of deceased estate and other pleadings around the midpoint of the estate. This is Paul from Cary Estate Planning. (uplifting music)

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There are 4 ways to open a bank account that no creditor can touch: (1) use an exempt bank account, (2) establish a bank account in a state that prohibits garnishments, (3) open an offshore bank account, or (4) maintain a wage or government benefits account.
Can debt collectors see your bank account balance or garnish your wages? Collection agencies can access your bank account, but only after a court judgment.
You are not responsible for someone elses debt. When someone dies with an unpaid debt, if the debt needs to be paid, it should be paid from any money or property they left behind ing to state law. This is often called their estate.
When you have a joint account, each account holder is responsible for the full amount of the balance. The credit card company can seek to collect the amount due from either account holder.
If a debt collector has a court judgment, then it may be able to garnish your bank account or wages. Certain debts owed to the government may also result in garnishment, even without a judgment.
Either person on the joint account generally has the right to move funds or close the account. Check your account agreement to see if this is the case for your account. State law may also provide you some protection in this situation.
If a debt collector has a court judgment, then it may be able to garnish your bank account or wages. Certain debts owed to the government may also result in garnishment, even without a judgment.
a judgment creditor of your spouse can garnish your joint accounts, and. if you have your own separate bank account and a judgment is taken against your spouse, that creditor can also garnish your separate account to pay for your spouses debt.

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