What protection do I have from having my bank records subpoenaed if the joint account holder is involved in a suit?
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What protection do I have from having my bank records subpoenaed if the joint account holder is involved in a suit?
The records obtained within this account have nothing to do with the suit, nor did the joint account holder have anything to do with the account. I am willing to sign an affidavit to such. Is a Motion to Quash appropriate protection?
Asked on September 27, 2011 under Accident Law, Florida
Answers:
Brian Toung
Answered 13 years ago | Contributor
There may be no protection from subpoena other than closing the accounts, however, if a judgment is taken against the co-holder, and now in a collection action the account becomes the target of the prevailing party, they may not be able to get at this account since its joint. Joint accounts actually insulate debtors.
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