Originally Posted by Failed

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.