Collection Actions: 14.3.8.3 Bank Accounts
While it is clear that to execute upon tangible property, such as land or a vehicle, the creditor must use the courts of the state where the property is located, the issue becomes more complicated with a bank account. Creditors may argue that the location of the branch bank where the debtor maintains the bank account is not dispositive. Instead, they may argue that execution can issue in any state where any branch or office of the debtor’s bank is located, and that the bank then must restrain all the debtor’s accounts even if they are located in other states (or countries).