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: Michigan Collection Law Blog

Debt Collection Attorneys ? Use a Writ of Seizure on Debtors? Safe Deposit Boxes

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Happy new year. Its 2011 and we have a lot of good advice to give to our fellow debt collectors this year, so lets get to it!

One obscure collection technique that we use from time to time is seizing the contents of a safe deposit box. Here is how it works. After you get your judgment against the debtor, you should garnish any bank accounts that you think the debtor has any money. If any bank discloses that they have money of the debtor, you should follow up by sending interrogatories to that bank asking about any safe deposit boxes that the debtor may have at that bank.

Full post as published by Michigan Collection Law Blog on January 01, 2011 (boomark / email).

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