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Q: Can creditors take a lien on your bank account?
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What is a non-consensual lien?

If you take out a loan from the bank and put your car up as collateral, this is a consensual lien. If you owe taxes and the IRS put a lien on your property or bank account, this is a non-consensual lien.


Can creditors take money from your bank account?

Yes, after a judgment has been granted against you


What is a non-consensual?

If you take out a loan from the bank and put your car up as collateral, this is a consensual lien. If you owe taxes and the IRS put a lien on your property or bank account, this is a non-consensual lien.


What are the terms of a tax lien on your bank account?

A general tax lien filed with the state lien recording office will not automatically affect your bank accounts. The taxing authority must deliver the lien to the bank to effect the levy on the account according to the terms of the lien.


Can a collection agency put a lien or levy on your bank account and if not what can be done to get the lien release off of your bank account?

Yes, they can. Sometimes, it is written in your contract you signed that you have given them permission to take payment from your accounts if you aren't paying. Otherwise they have to get a judgement. I believe that the levy will not be released until the account has been paid or you make solid arrangements with the lender.


IF SOC.SEC. AND V.A. PAYMENTS CAN NOT BE LEVYED.BUT IF YOU HAVE DIRECT DEPOSIT CAN A CREDITOR TAKE IT ONCE IT IS IN THE BANK?

Yes, if the creditor puts a lien on your bank account or freezes your funds this money can be effected because it is considered an asset once it is in your account.


If you default on a personal loan what personal property can be taken from you by the loan company?

Personal loan is Unsecured loan, that's Why none of the personal property taken by bank. Its happen only in Secured Loan.Answer & ClarificationThe lender can take you to court and obtain a judgment lien. Once they have the judgment lien they can take anything you have to satisfy the lien: your car; bank account; home; any real or personal property you own. Some creditors are very persistent and the debt grows very fast with interest and costs. Debt collectors can make your life miserable.


If you have a tax lien on your home can the IRS take your husbands retirement check?

If it is in a joint bank account and you reside in a community property state, Yes!


Can the bank legally take money from a joint bank account?

If it is a joint account yes. If that persons Social Security number is tied to that account it can be taken. If they are taking it for a lien or garnishment the best solution is to close the account and open it in one name only. The name of the person not being garnished.


Can a lien on your bank account take money from your unemployment check or an SSI payment?

Absolutely. The only exception is a Social Security or disability check. However, if you keep them in an account with ANY other type of funds then they have been "co-mingled" and are not an exception to a lien. Keep your Social Security checks in a separate account or they can take pretty much whatever they want.


Can IRS take unemployment money from bank account?

IRS can take whatever they want as long as they have the judgement or proper lien papaerwork filed. They are amazingly efficient when it comes to attaching liens and they gooble up bank accounts like pacman. Put the account in trust for someone else and you be the custodian. Solves that issue. Forget having a bank account if you owe the IRS.


Can creditors collect my tax return?

In my experience with this, yes they can take your state return, but I do not think they are eligible to lien your federal refund.