Ask Experts Questions for FREE Help !
Ask
    spike531nj's Avatar
    spike531nj Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 11, 2009, 09:49 PM
    Bank account levy
    My wife has made a payment plan/agreement with a law firm to pay off a credit card debt. The payments are being withdrawn from our checking acct on the 3rd of every month when my wife calls in the check number. My wife's company just switched their payroll period from every two weeks to the 1st and 15th of every month. On 6/3, she contacted the law firm to let them know that the payment cannot be made until the 15th. Today we found out that on 6/4, they levied our acct.

    Since there was an agreement to make payments, will this stand up at the court house to stop the levy? And/or, can the levy be stopped at all??
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #2

    Jun 12, 2009, 06:09 AM

    Hello s:

    The levy cannot be stopped. They are under NO legal obligation to stick to a payment plan. The judgment they have allows them to take it ALL if they choose. In fact, they were being somewhat reasonable by accepting a payment plan.

    excon
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Bank account levy [ 1 Answers ]

I have a levy on my bank account what should I do? Am scare

Bank Account Levy, joint account [ 1 Answers ]

Today, a levy was placed on the joint account of myself and my wife, for a debt she had from a credit card company. Once I found out, I called her and had her call the lawyer, who then told her to dispute it, she would have to send a certified letter to the court, as well as the plaintiff, as to...

Bank Account Levy [ 2 Answers ]

My husband has a judgement against him with a credit card company and they have put a levy on our checking account and took all of the funds we had available! Can they do this or is this suppose to work like a garnishment where they can only take up to a certain amount? Thanks !

Levy on bank account [ 1 Answers ]

If a creditor trustee has sent me a letter saying that they put in a judgement for a levy on my account, What is next? Do I wait for another letter from a judge or some sort?

View more questions Search