So with the new regime executive order declaring it essentially illegal to be unhoused, people at risk might be thinking, “how do they classify me as homeless if I am surfing between friends or family or shelters?”
One of the big answers to this is the practice of debanking. If your financial institutions catch wind that you don’t have a stable address, they will try to close your accounts and send your balance as a cashier’s check to your last legal address. At-risk people understand the many, many scenarios where even just this process could be devastating.
Some unexpected ways you can get de-banked:
-
your apartment doesn’t have a legal address
-
you lose home owner’s insurance or your coverage changes and your bank decides it doesn’t like that
-
your building’s owner defaults
-
fire
-
flood
You may be at risk and just now realizing it. If you have an MH diagnosis and you don’t have two back-up legal addresses, you are on this Ex O.
Anyway, do not get debanked. Have legal address back-up plans EVEN IF YOU TRY TO FLEE THE COUNTRY because you do not want the regime classifying you as someone they want to put in the camps.
Sorry for another US-centric post.
If you have to travel for extended periods of time, it’s not a bad idea. It does take a little extra time for your mail to get to you (since it’s being shipped twice.) If that isn’t a problem, I can’t think of any reason it wouldn’t work for travel nurses.