Can I Open a Bank Account in States with Garnishment and Levy Protection?

Source: https://www.pacificdebt.com

The answer to this question does not have a simple answer. First, it depends on the state laws and the individual bank’s regulations. You may be required to be a resident of that state or work in that state. 

The other concern is the legality of moving money knowing that your accounts may be levied or garnished. In some cases that can be considered fraud or fraudulent conveyance. Before you move money, ask a qualified lawyer or CPA for advice.

If you’d like some other ideas, check out How To Open a Bank Account That Cannot Be Levied.

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