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Bankruptcy

: Florida Bankruptcy Law

Insuring Your Bank Deposits

By Jonathan Alper

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In the past few days following the failure of IndyMac Bank in California I received a few email questions from people concerned about the safety of their bank accounts. Most people know that the FDIC incures bank accounts up to $100,000. However, a person can increase insurance coverage by dividing deposits at any one bank into different accounts opened under different names or owned by different entities. The FDIC has a webiste Link: FDIC: Insuring Your Deposits which clearly provides a full d read more

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Full post as published by Florida Bankruptcy Law on July 15, 2008 (boomark / email).

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