Before filing bankruptcy, get your money out of Wells Fargo

The Washovia banks here in the Northern Virginia area are now all Wells Fargo.  If you are in financial trouble, that’s a danger.  Here’s why.

If you are planning on filing bankruptcy, get your money out of Wells Fargo.  They freeze your account when they hear about the bankruptcy–even if you don’t owe them any money.  They think they are supposed to do this.

Get your money out of this bank.

I blogged on this when they first took over Wachovia.  There’s more info and some comments there.   But the key thing is simple.  If you are planning to file bankruptcy, get your money out of Wells Fargo.

PS. Here’s a letter they just sent to me about one of my bankruptcy clients, who didn’t move fast enough on this.    We’ll shake the money loose, but it takes time.