No that had to go to court to be able to do that. You will have to prove how much you need to live on and they will take the rest.
Unfortunately, this is very legal. You should have received a legal notice informing you of the garnishment.
I'm not a legal expert, but it is generally legal for creditors to garnish your bank account if they have a court order. However, there may be exceptions or limitations depending on your jurisdiction. It's advisable to consult with a lawyer or seek legal advice to understand your specific situation and explore potential options for resolving the issue.
No.
Not for the same debt, but a wage garnishment can be implemented by one judgment creditor and a bank account levy by an additional judgment creditor.
if you account is being garnished you would have an order from the court in your area.. Unless it Federal
No they shouldn't.
It depends on who the garnisment order is against and how it is written. A joint account where only one person is the debtor can be garnished under certain circumstances. The difficulty in figuring out your situation, is not knowing where you reside. Each state legislates its own laws for garnishment of wages and bank accounts. If you live in a community property state, such as CA. and have a joint marital bank account, it can be garnished.
Until the debt and all fees, interest, etc. is paid.
Until the debt is paid according to the judgment award. States establish garnishment laws and each state differs somewhat in the way garnishment is implemented, the percenage allowed or if it is even allowed. Contact the court where the garnishment order was issued to obtain specific information concerning state garnishment laws.
Yes, Arkansas law allows for garnishment of a checking account. A judgment creditor can obtain a writ of garnishment to collect a debt from a debtor's bank account in Arkansas. However, certain exemptions apply, and the amount that can be garnished is limited.
Yes, it does. A garnishment can occur only where the creditor has obtained a judgment against you in a court of law. After the judgment is entered, the creditor can garnish your bank account if it knows where you bank. There are some exceptions to this, in that bank account that is jointly owned by husband and wife cannot be garnished, unless the judgment is against both spouses. The second exception is where the funds in the account are traceable to Social Security benefits. For more answers to similar questions on PA laws, please visit my website at www.gregartim.com
If it can be proven that the debtor has placed private funds in the account to avoid seizure by a judgment creditor.
A garnish order is an order to confiscate part of a person's paycheck. Assets such as savings accounts, checking accounts, cars, and other assets can also be garnished.
They probably took it because you owed someone money and were following a court ordered garnishment. You will get a letter soon explaining that.