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States establish laws relating to the execution of creditor judgments. All states allow bank account levies under certain circumstances. Joint accounts can be levied, including marital accounts except those held as TBE. Only one account can be levied (garnished) at a time by an individual judgment holder. In some states the account holder(s) are notified before the levy is executed. This will not necessarily aid the debtor in protecting assets, as generally the court will order the return of any funds removed and the account "frozen" until a ruling as to the legality of the action is rendered.

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โˆ™ 2006-04-03 23:26:58
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Q: Can a collection agency put a lien on all bank accounts of a couple with no previous notice?
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