Quote:
Originally Posted by MrMaxwell
Is a credit union a pretty good idea? I've been selling things off and have this cash and want to put it somewhere it'll be safe... but I owe a pile of old debts here
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Depends on what type of debt it is. If you live in the US, and it's unsecured credit debt, than you can keep your money in a bank, credit union, whatever and they can't touch it. Unless the rules changed in the past couple years.
For other debts, if the rules changed, or you're just as paranoid as I am, don't keep it anywhere that requires your social security number, name, address, etc.. This includes credit unions. I would suggest using safety deposit boxes in TRUSTED family member's names, or spend a bit and buy yourself a nice fire proof, flood proof, safe for at home. Even bank accounts in family member's name work as well.