Updated: Feb 13, 2019
People facing removal or deportation proceedings have questions about their tangible and intangible assets in the United States. The common questions are what about my bank accounts and my cars?
1) Bank Accounts.
Different banks have different rules. Some banks allow you to make changes to your accounts over the phone. If you have online banking, you can transfer your money to Paypal, other banks, and other financial institutions. If you do not have online banking, you may need to call your bank. You may need to prepare a Power of Attorney to permit an agent to manage your account. You can sign a power of attorney and have it notarized. The agent needs to take the notarized document and personal identification to the bank and request certain actions.
If you want to sell your car, make sure you communicate with family and friends the sale terms in writing and request the payments made in cash or by certified check. If you still owe money on your car, you need to payoff the loan so that the lender will allow you to sell the car.
Li Law Group is a law firm located in Omaha, Nebraska. It provides immigration, business, family, and criminal defense legal services.