0
In general a bank account is subject to judgment levy every 30 days until the debt is paid. The judgment creditor must renew/refile the bank levy each time before it can be implemented. A bank account levy can allow the judgment holder to remove the total amount owed at one time. If the account balance does not hold enough funds to pay the entire amount the judgment holder in most instances can still remove the entire balance of the account.
Please consult the laws of the state of residency or where the account is held for specific information. Some states only allow a one time levy where the judgment cannot be renewed and the creditor has to repeat the civil suit process. Likewise, jointly held accounts are treated differently when it relates to judgment levies than single accounts.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How many times you can deposit cash in your bank account?
As often as you wish.
What is the meaning of garnished account?
A garnished account is an account that has been levied. Many accounts are garnished as a result of past due taxes or child support.
Can a bank freeze your account without a court order?
yes they can. Many times Loss prevention of the Risk departmen of a bank will determine that an account should be Frozen and then closed. They do not need a court order to do so.
Is the online bank account now dot net a safe choice or is it a rip off?
There are many pre-paid cards that claim to be banks. These are not real bank accounts. Many times they have large fees associated with them. It is always best to attempt to find an account with a regular bank.
Can husband withdraw from wife's personal savings account?
If it is a joint bank account, then yes. But a savings account cannot be drawn from very many times before handling fees are applied for most banks.
How many times you can deposit cash in your bank account?
As often as you wish.
What is the meaning of garnished account?
A garnished account is an account that has been levied. Many accounts are garnished as a result of past due taxes or child support.
How many digits in a bank account number for citizens bank?
HOW CAN I GET MY ACCOUNT NUMBER
What is difference between Number of bank accounts and bank account number?
Number of bank accounts is how many bank accounts and bank account number is the number that identifies the bank account.
Can a bank freeze your account without a court order?
yes they can. Many times Loss prevention of the Risk departmen of a bank will determine that an account should be Frozen and then closed. They do not need a court order to do so.
How many digit in yes bank account's?
yes bank's prepaid card number is bank account number?
Is the online bank account now dot net a safe choice or is it a rip off?
There are many pre-paid cards that claim to be banks. These are not real bank accounts. Many times they have large fees associated with them. It is always best to attempt to find an account with a regular bank.
How many numbers in an American bank account?
there r 10 digits in an aamerican bank account
How many digits are in a IDBI bank account number?
It depends on the bank, every bank has a diffrent amount of digits in the account.
When opening a bank account is important to review?
There are many things which are important to review when opening a bank account.
How many digits are there in a syndicate bank savings account?
There are 14 digits in a Syndicate bank account.
HOW MANY Digits does a us bank account number have?
A us bank account has #12 digits in california
