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How does a lien or levy on bank account work?
A levy or lien is placed on someone's property or bank account by a creditor. When a levy is placed on an account the amount the levy is for is taken out of the bank account.
Can an attorney levy your bank account?
An attorney can get a court order to levy your bank account or your wages.
Can Colorado levy funds for back child support from the dad's new wife's bank account?
Only if the obligor's name is on the account.
If you have a levy on a contractors bank account how do you get the bank to pay you the levy?
If the creditor wins a lawsuit and receives a judgment the judgment can possibly be used as a bank account levy. This would depend upon state laws relating to how the bank account is established.
Can the IRS levy a bank account that is not yours but you are the trustee for that account?
No.
When there is a levy on a bank account does it reject deposits?
no
Can only the government place a levy on a bank account?
No, but a bank account can only be levied by a court order.
Can the bank grant a levy withdrawal if there is NO money in the account?
The court can grant a levy withdrawal if there is no money in the account. They will take whatever money is in the account when it is put in.
Can you garnish a bank account when the owner of the company I have the judgment on has his Bank account listed under INC.in the Bank of America bank account?
Type your answer here... YES YOU CAN, THE LEVY IS HIT BASED ON THE SSN AND NAME SO IF THE DEBTORS NAME IS ON THE JUDGMENT AND HAS A BUSINESS ACCOUNT YOUR LEVY WILL BE GOOD.
In Pennsylvania can a creditor garnish your wages or levy your bank account?
They can levy bank accounts in most cases, they cannot garnish wages.
Can a creditor levy your bank account after the statute of limitations have expired?
No
In Colorado does a collection agency have the authority to levy my bank account without notifying me first?
A collection agency in any state would need to notify you first.
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