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    sweetandsincere's Avatar
    sweetandsincere Posts: 2, Reputation: 1
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    #1

    Jun 26, 2007, 09:26 AM
    Closing a levy bank
    My bank account was recently levied by a creditor that had the account frozen for 1,196.00 :mad: the funds are there and they are frozen until I give them authorization to take the funds (sign a release) but what happens to the money that is frozen if I close the account?:confused: Can anyone tell me?
    mr.yet's Avatar
    mr.yet Posts: 1,725, Reputation: 176
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    #2

    Jun 26, 2007, 09:29 AM
    They will be release to the creditor. Was it levy or garnished?
    sweetandsincere's Avatar
    sweetandsincere Posts: 2, Reputation: 1
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    #3

    Jun 26, 2007, 09:38 AM
    It was a levy but according to the actual company they stated that I would have to sign a release for them to get the money.
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