Best Answer

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.

User Avatar

Wiki User

โˆ™ 2006-04-03 23:26:58
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a collection agency put a lien on all bank accounts of a couple with no previous notice?
Write your answer...
Sign up for more answers

Registered users can ask questions, leave comments, and earn points for submitting new answers.

Already have an account? Log in

Related questions

How long before a cable company can submit your balance to debt collection agency?

things like this usually are after a couple months of non payment

How do doctors get paid?

They send bills to their patients and the patients' insurance companies. Bills that remain unpaid for a couple of months may be sold to a collection agency at a discount.

How long does it take for a credit card company to charge off debt to a debt collection agency?

One year. Then, after it goes to a collection agency.. it is like a bunch of frenzied sharks..who will harrass you for decades! One place I would like to send you. I found out a couple of things in an ebook. It is "Beat the Collector" by Jack Tories. I made a few calls to verify the information and found it to be correct. I am now going to give the collection agency a dose of their own medicine!

You have the receipts of payment from a bill that a collection agency says you still owe what should you do?

You should contact the office of your state attorney general consumer division. Inquire at that office how you should notify the collection agency that the debt was paid. Make certain to safeguard the receipts. You should make a couple of sets of copies and then keep the originals in a safe place.

Will a collection agency or the original creditor accept monthly payments to pay off a debt that is in collections?

Most of the time a collection agency will accept 2-3 equal payments to pay off the balance.As of right now no they will not accept payment and will not work with consumer credit counciling programs. Once it has went to collections, you are not suppose to contact the original debtor. It confusses the situation. You aren't suppose to contact the original creditor once it goes into collections but the Collection agency will accept payments. They are happy to get any money they can. (they get 50% of what they collect)I used a collection agency for a tenant who wouldn't pay for months who I had to evict(went to court) and I received a couple of small payments until the person ran away and hid again. Both the collection agency and I were glad to get any money possible. Unfortunatly, this will show up on your credit report whether you pay or not........... But it is ALWAYS better to pay if in your future creditors eyes (fico score)

How would you use the word previous in a sentence?

The couple wanted to go out with friends, but they had a previous engagement already planned.

What will happen if you are late with car payments?

If you are late, depending on who you owe, you can get taken to a collection agency, charged fines and/or have your car repossesed. I actually know two people who couldn't do the payments, it may have been for a couple of months, and their cars were repossesed.

How do collection agencies get addresses?

Collection agencies have a couple of ways to get your address. They can either get your original address from the original creditor or by skip tracing.

What are a couple of AnimalJam accounts?

Yes there are account i could tell you but no because you will get band.

What are some names of talent agencies in NY?

The names of some talent agencies in New York are One Management, Metropolis Artists Agency, and Monarch Agency. Hodge Talent Agency and Atlas Talent Agency are a couple more.

What banks offer accounts for those that have declared bankruptcy?

There are a couple of banks that offer accounts for those that have declared bankruptcy. Wells Fargo and TCF Bank offer accounts for those who have filed bankruptcy.

Can you get approved for a home purchase if your middle beacon score is 628 and you have a couple of open collection accounts more than 4 years old?

Yes, you can. You are a prime candidate for an home loan. Those collections can be explained in writing by you, and excused by the bank. Yes, though you probably will not qualify for the best rates. If your collection accounts are still active, you would be advised to pay them off, if you can. Talk to a mortgage professional who specializes in BCD loans. There are plenty of mortgages available for people like you.

Can a married couple file bankruptcy separately?

They can file separately only if the accounts on which they are filing are separate accounts. If the accounts are joint accounts, they must file jointly. In other words, if both the husband and the wife are on the account they cannot file separately.

I have couple of Bank accounts in US My wife is the nominee for that account. What happens if both me and my wife die?

The bank accounts become a part of the estate.

Why did the environment agency spend a couple hundred thousand pounds digging a hole?


What is a sentence for passionately?

The couple embraced passionately.he always felt passionately about his stamp collection.

Why does Ireland hate England?

800 years not a couple of decades as the previous answer stated would do it!

What is a Catchy travel agency name?

A catchy name for a travel agency is Get Away Tours. A couple of other options include Let's Go Travel and Local Escapes.

What is drew seeley's YouTube?

He has a couple youtube accounts, one is called Drew Tube Video

Why Yahoo email accounts are attacked by

What do you mean. I herd that the accounts on yahoo are having a problem a couple of women were looking into my friends webcam even though my friends webcam was off. People I suggest you cancel Yahoo accounts or contact Yahoo about the problem if you have it.

Can a hospital put a lien on your home?

Yes, although it is not actually the hospital that pursues collection, it is a medical collections agency. If the collector decides they cannot collect the money owed by regular collection procedure they can file a lawsuit or enter into arbitration. If the plaintiff (collector) wins, they will receive a judgment and execute the writ of judgment as a property lien. Although there are some states prohibit liens against homesteads that are owned jointly by a married couple.

Is Windows 7 out yet and does it cost money to get it?

Yes and yes. The previous answer had apparently been here for a couple of years.

Can joint checking accounts be frozen for a husband's credit card debt?

Yes. The only exception is if the married couple live in a state that allows joint marital accounts to be held as Tenancy By The Entirety (TBE).

How much does a dental hygienist earn in New Jersey?

i just graduated a couple months ago and im making $40 with an agency

Is there an Enterprise car rental agency in Missouri?

They have several cities that have Enterprise rental cars. A couple of the cities are St Louis and Springfield.