Asked in Debt CollectionBanking
Bank levy on a joint account?
September 28, 2012 6:11PM
A judgment creditor might be able to levy against a joint account where only one account holder is the debtor. It really depends how the bank account is held and the state laws pertaining to such. One example, joint marital bank accounts held in community property states are subject to levy even if only one spouse is the named debtor.