A writ of execution was served at my banking institution last week. I contact my bank and asked if my account is frozen. They told me no but the courts can serve my bank with another levy. Is this correct? Or is my account frozen entirely until my debt is paid? I have direct deposits but my bank is telling me my funds won't be frozen. Please give me some insight if you know the rules of the writ of execution.

Depends on the jurisdiction and what the writ says. Get a copy of it.

Scott- this is what the writ states:

The property to be levied upon is described: as follows:

Any and all deposit accounts, safe deposit boxes, monies, credits, rents, debts, effects due or owing the judgment debtor in the possession or under the control of the person, business, firm, association, partnership, corporation or financial instituation listed aboce under garnishee. This levy is made in accordance with SECxxxxxxxx. Including but not limited to accout XXXXXXX.

The amount necessary to satisfy jedgments creditors is" $xxx

I AM JUDGMENT DEBTOR

This is all new to me, I'm worried my debit transactions will void if my direct deposit is held

The bank is required to freeze the balance pending notification to you of the freeze and give you a chance to fight it. But no withdrawals will be allowed during that time.

Thanks Scott. It sounds like I should receive a letter from my bank of the notification, until I clear the debt, it sounds like my account will be placed on a freeze.