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To request a review of a restraint placed on your accounts by Wells Fargo, you need to contact the bank's customer service department and provide them with the necessary information and documentation to support your request. They will then investigate the situation and make a decision on whether to lift the restraint.

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4mo ago

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A levy in financial terms, is one way in which a writ of judgment can be enforced to collect a debt. Sometimes wage garnishment is referred to as a "levy against earnings". More often a levy is placed against bank accounts.


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Amazon typically processes and charges orders within 1-2 business days after the order is placed.


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It is a court order against the debtor to pay the creditor what is due. The judgment can be satisfied in several ways, wage garnishment is the usual one. Levy against bank accounts. Liens against property. The liquidation of non-exempt assets. And sometimes (rarely a homestead) the forced sale of property on which a lien has been placed.


How do you report a bad debt owed to you to be placed on that person's credit report?

The answer to your question if you have over 500 accounts that are past due is to purchase an enterprise level software that allows you to report to the credit bureaus using a metro 2 format that the bureaus accept files in. The 500 account minimum is imposed by the credit bureaus and you would need to contact Experian, Trans Union, and/or Equifax; set up an agreement to furnish data with them, and update your accounts on a monthly basis. There are several sets of laws governing the reporting of accounts to the credit bureaus including the Fair and accurate credit transactions act (FACTA) and the Fair Credit Reporting Act (FCRA) that you should be familiar with prior to doing so.

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