I was told by my lawyer that Wells Fargo would freeze my account once they know about my bankruptcy and that I should open an account with another bank. I did open an account with Bank of the West. I go to my 341 meeting on April 20th. I just have a question, does anyone know the time frame that Wells Fargo will freeze my account? Any help is apperciated!
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Hey sind, I've seen this on the Forum before, darn it, wish I knew the link. But I do know for sure they freeze the account. If I can find the link, I post it here for you.Chapter 7 Filed: 04/21/2011, 341 Meeting: 05/31/2011, Report of No Distrubution: 06/02/2011, Discharged: 08/03/2011, Closed: 08/10/11
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There is much about Wells Fargo here - just put it in the search field on top and you should see the horror stories. I had an account with WF and after reading these stories, opened up an account at a small bank and quietly (each day) took my money out of WF through the ATM and put it into the new bank. I took out the maximum each day (I had almost enough for a lawyer at that time so it was a bit). I then left just enough in there to pay internet charges for a month and when that wasn't touched, put enough in for 6 months of internet service after my 341. But, any big money I would get out as soon as you can.
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Wells Fargo didn't freeze my accounts once I filed bk. My 341 was last week and my account hasn't been frozen. To my knowledge they will freeze your account if you have a credit with them that you intend to include bankruptcy or if you have more than 5k. Either way they didn't close my account, but I did open another account at another bank just in case they tried to freeze my account.
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