Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Banking (https://www.askmehelpdesk.com/forumdisplay.php?f=43)
-   -   Bank Levy (https://www.askmehelpdesk.com/showthread.php?t=131590)

  • Sep 19, 2007, 10:29 PM
    hliu21
    Bank Levy
    I just had my bank account levied. It was due to a credit card account. My question is, they took out money to satisfy the judgement, does this mean that whenever in the future if I was to deposit more money in the account, it will be withdrawn again ?

    Michael
  • Sep 20, 2007, 04:21 AM
    slowandeasy
    If the money they took paid the judgement then no, BUT if you still owe they will get what you put in that account. Go to the bank and look at the banks copy of the amount on the paper work and then you will know
  • Sep 20, 2007, 06:08 AM
    ScottGem
    Yes, and further deposts would be seized.
  • Sep 20, 2007, 08:10 AM
    hliu21
    Quote:

    Originally Posted by hliu21
    I just had my bank account levied. It was due to a credit card account. My question is, they took out money to satisfy the judgement, does this mean that whenever in the future if I was to deposit more money in the account, it will be withdrawn again ?

    Michael

    The levy amount will not pay for the judgement amount. How long will the levy last ? Is there a statue of limitation for levy ? Also, is it possible for me to close my account ? Thanks
  • Sep 20, 2007, 08:20 AM
    ScottGem
    As long as the amount of the garnishment is unpaid
  • Sep 20, 2007, 12:02 PM
    hliu21
    So what happens if I was to close my account ?

    Thanks
  • Sep 20, 2007, 03:04 PM
    ScottGem
    They start looking for another one

  • All times are GMT -7. The time now is 01:20 AM.