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    hliu21's Avatar
    hliu21 Posts: 3, Reputation: 1
    New Member
     
    #1

    Sep 19, 2007, 10:29 PM
    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the judgement, does this mean that whenever in the future if I was to deposit more money in the account, it will be withdrawn again ?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
    slowandeasy's Avatar
    slowandeasy Posts: 353, Reputation: 14
    Full Member
     
    #2

    Sep 20, 2007, 04:21 AM
    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
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #3

    Sep 20, 2007, 06:08 AM
    Yes, and further deposts would be seized.
    hliu21's Avatar
    hliu21 Posts: 3, Reputation: 1
    New Member
     
    #4

    Sep 20, 2007, 08:10 AM
    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the judgement, does this mean that whenever in the future if I was to deposit more money in the account, it will be withdrawn again ?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
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #5

    Sep 20, 2007, 08:20 AM
    As long as the amount of the garnishment is unpaid
    hliu21's Avatar
    hliu21 Posts: 3, Reputation: 1
    New Member
     
    #6

    Sep 20, 2007, 12:02 PM
    So what happens if I was to close my account ?

    Thanks
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #7

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

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