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CD Garnishment

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Question: 
Can CDs be garnished?
Answer: 

Yes, CDs can be garnished.

(Editor's Note: IRAs/retirement accounts which may be classified as CDs would generally not be subject to garnishment. Other deposit accounts would. Consult counsel for specific circumstances you may be subject to.)

First published on BankersOnline.com 1/22/07

First published on 01/22/2007

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