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: Indiana Civil & Business LawyerCollections: Indiana Court of Appeals and Bank Garnishments
The case looks like one of those that turns on a very technical point but one that is of importance to many debtors and may affect how collections counsel approach garnishing bank accounts."In JPMorgan Chase Bank, N.A. v. Laura and Dennis Brown, c/o Green, Richard & Trent and Rebecca Recht, , No. 02A03-0801-CV-2, the appellate court had to interpret I.C. Section 28-9-4-2 to determine whether a depository financial institution that has received notice of garnishment proceedings is required to restrict the withdrawal of money that is subsequently deposited into the account."
I promise a follow up over the weekend.
Full post as published by Indiana Civil & Business Lawyer on May 23, 2008 (boomark / email).
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