Debtor is listed as custodian for her children’s UTMA savings account. The bank in which these accounts are held also has a mortgage (2nd) on the debtor’s house. Debtor has already opened a new checking account with another bank in anticipation of a Chap. 7 filing. The accounts are owned by the children. They are just held by the parent. Try to explain this to some dunce at the bank, though. I’d move them unless there are large penalties. It would not be a setoff for Wells Fargo to try to take someone’s stock in their company to satisfy an obligation of the company. A setoff requires a mutuality of obligations — indebtedness. The WF stock is an equity position in the bank, not an indebtedness of the bank to the bankruptcy debtor. To get at the stock, WF would have to use judicial process. Whether a bankruptcy trustee would take $2K of non-exempt publicly-traded stock is more a local bankruptcy attorney question.