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    2be994510 Posts: 1, Reputation: 1
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    Nov 11, 2012, 12:02 AM
    Court order levy
    California Franchise Tax Board has a court order on my New York checking/savings account. The checking account falls in exempt status as only 2 direct deposits are made every money, one from social security and the other from John Hancock Annuity pension. I transfer money from checking into savings in order to take advantage of the bank's meager interest rates. I have no other funds in the savings account other then those 2 transfers from exempt money. The bank has recently released money from my savings account to CFTB with that pension money. Can they legally do this? Can CFTB legally accept this pension money from my savings account?

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