If you are considering filing bankruptcy, you need to think about your savings and checking accounts.
There are a couple of important reasons to change credit unions or banks before you file bankruptcy:
First of all, many banks will freeze accounts that have your name on them as soon as you file bankruptcy. The banks say they are protecting assets for the bankruptcy court, but the bankruptcy court did not ask the banks to do this. If you are considering bankruptcy, avoid banking with Wells Fargo, Wachovia, Bank of America, Union Bank and any financial institution which has made it a policy to freeze accounts.