Dealing with Subpoenas, Summonses, Garnishments, Tax Levies, Etc.
Tuesday, July 16, 2019
10:00 am – 12:00 pm CT
Recommended for 2.5 CE Credits
On a daily basis, a financial institution is faced with having to comply with a multitude of legal documents that are served on it. These documents can order your financial institution to produce confidential customer information, hold depositor funds, and can even order it to seize property in its possession belonging to the customer.
If you find these documents confusing and intimidating, attend this multi-state seminar to learn the best practices of how to deal effectively with these documents and the parties who serve them upon you.
- Legal differences among subpoenas, summonses, levies, garnishments, writs of attachments and warrants.
- What your financial institution should know about the Right to Financial Privacy Act, the Financial Privacy Act, and similar laws and regulations.
- Verifying customer information when complying with subpoenas, garnishments and levies.
- Helpful resources to assist your financial institution when complying with these orders.
- Whether IRS tax levies will attach to special accounts, like individual retirement accounts, health savings accounts and escrow accounts.
- An overview of procedures for answering garnishments of federal benefit payments.
Who Should Attend:
This session is a cost-effective way to learn the ins and outs of complying with the subpoenas, summonses, levies and garnishments that are served on your financial institution.
“First time participating in TTS webinar. Valuable information and presenter was wonderful speaker. Being able to get answers to questions while on the call was valuable. Handouts particularly useful as well.” — Karen Terry, Enterprise Bank
“This is one of the more informative webinars I have attended. There is a lot of information I learned that will help our bank demonstrate and confirm compliance with Subpoenas, Levy’s and Garnishments.” — Michelle Cheuvront, Compliance Officer, Catlin Bank
Terri D. Thomas is Senior VP and Legal Department Director for the Kansas Bankers Association. Prior to this, she was with “Bankers Choice,” a financial consulting firm. Before this, Terri was employed in the financial industry for over twenty-three years in various capacities. Most notably, she served for fourteen years as in-house legal counsel and trust officer for Bank of America and its Kansas predecessors. Receiving her Bachelor of Arts degree from Kansas State University in 1985, Terri continued her education at Washburn University School of Law and obtained her Juris Doctor in 1988.
Currently, she serves as an adjunct instructor at Washburn University School of Law. She has previously been an adjunct instructor at the University of Kansas School of Law, and is a frequent presenter for banking schools and financial associations.