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    laural1117's Avatar
    laural1117 Posts: 1, Reputation: 1
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    #1

    Apr 20, 2008, 05:47 PM
    Bank Levy
    What is a bank levy?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Apr 20, 2008, 06:42 PM
    Where after a person or company gets a judgement against you for a debt, they will freeze and take the money in your bank account to pay for the debt you owe.
    ** simplified answer, laws on this vary by location
    totolon209ca's Avatar
    totolon209ca Posts: 3, Reputation: 1
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    #3

    Apr 28, 2008, 10:19 PM
    Can they also take away your investments? I mean like the mutual fund and stocks.
    Thanks

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