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The US Sun
American Pickers alum Frank Fritz’s conservatorship serves bank with order to hand over star’s finances in court war
By Teresa Roca,
7 hours ago
AMERICAN Pickers star Frank Fritz’s conservator has hit his bank with legal papers to hand over the star’s finances as he continues to recover from a debilitating stroke.
Frank Fritz is under a conservatorship after suffering a stroke at his Iowa home, where he is pictured here Coleman-Rayner Frank Fritz on an episode of the popular History show American Pickers History Channel
The American Pickers alum was placed under a conservatorship in August 2022, as MidWestOne Bank is Frank’s conservator while his close friend Chris Davis is his guardian.
Now, The U.S. Sun can exclusively reveal two representatives from JP Morgan have been served with court papers to hand over the funds in question.
Court papers from the conservatorship case obtained by The U.S. Sun revealed Frank has “cash assets and credit accounts” at JP Morgan.
The Conservator’s Initial Plan filed in November 2022 stated the assets would be transferred to MidWestOne, as they could “invest to start generating income” for Frank .
“Since the approval of the plan, the Conservator has repeatedly contacted JP Morgan seeking access to the Protected Party’s funds, credit card statements and income tax documents to no avail,” the court papers read.
The bank “repeatedly failed to respond to the Conservator” and “refused to provide access to Mr. Fritz’s assets and documentation, and otherwise ignored the Conservator’s authority, the orders of this court, and the laws of the state of Iowa.”
The court documents continued, “[Frank] continues to rely on long-term skilled nursing care, so it is imperative that his assets are properly managed and wisely invested to support his long-term needs.
“The Protected Party no longer has any need for consumer credit cards and any accounts that remain open are susceptible to fraud, especially since the Conservator is not allowed access to them to review charges.”
MidWestOne Bank requested, “The court should issue an order compelling [the bank] to release all of Frank Fritz’s funds to the Conservator, close all of Frank Fritz’s credit card accounts, provide the Conservator with Frank Fritz’s income tax documents for 2023, and change the mailing address for future income tax documents to the Conservator’s address.”
A hearing took place on July 19 and a judge ruled in favor of MidWestOne Bank.
The court ruling read, “JP Morgan Chase Bank ordered to respond to the conservator and provide access to and authority over all bank accounts, credit card and any other accounts held by or controlled by Mr. Fritz.”
The case remains ongoing.
Frank Fritz in his Iowa garage years before suffering the stroke Coleman-Rayner
“Because of his stroke, Mr. Fritz’s decision-making capacity is so impaired that he is unable to care for his own safety or to provide for necessities such as food, shelter, clothing, or medical care without which physical injury or illness may occur,” documents obtained by The U.S. Sun read.
“Mr. Fritz’s decision-making capacity is so impaired that he is unable to make, communicate, or carry out important decisions concerning his own financial affairs.
“Decisions must be made for Mr. Fritz’s care and placement while he continues to recover and receive treatment for his injuries.
The appointment of a guardian and conservator was deemed “necessary” to “avoid immediate harm to him.”
The guardian’s role is to help Frank with his Crohn’s disease treatment, bring him to physical therapy, and help him grocery shop, cook and more.
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