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Q: Writ of Execution on frozen bank account ( No Answer,   0 Comments )
Question  
Subject: Writ of Execution on frozen bank account
Category: Relationships and Society > Law
Asked by: sunhawk-ga
List Price: $2.00
Posted: 14 Feb 2004 07:57 PST
Expires: 16 Feb 2004 04:18 PST
Question ID: 306754
I won in court against a corporation by default.  I now wish to
service a Writ of Execution on this company's bank for the judgment
amount.  I know the money exists in the bank account but there is a
possible problem.  The bank account has been frozen by the FDA.  Now,
the money is still in the name of the corporation (meaning the
government has not yet taken control of it because the corporation has
not signed the money over to the government) but the account is frozen
meaning the corporation cannot withdrawal any money from the bank
account.  Can I still serve the Writ on the bank and collect my
judgment even though the bank account is frozen?  I am guessing I can
since, although no money can be withdrawn, it is still an asset of the
corporation.  However, I wish to have someone who knows for sure
answer.
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