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    roz2zie's Avatar
    roz2zie Posts: 3, Reputation: 1
    New Member
    		  
    #1

    Dec 29, 2008, 12:16 AM
    Bank Levy
    Hello,

    Capital One placed a bank levy against my checking account this past November. I was just curious as to how long does it last. I was advised to just stop any monies going into the account and pay bills via money grams, money orders... etc. My general question is should I just close the account and open up another one? If I do that, could Capital One somehow track that account down and garnish it too? I am so dumbfounded about this... please help! Rozzie
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Dec 29, 2008, 06:32 AM
    Hello r:

    Until the debt is paid, they'll track you down again.

    excon
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Dec 29, 2008, 07:51 AM

    It stays there till the debt is paid, no you can't even close the account normally.

    If you open a new accouint, there is a note on your credit report that they checked ( and/or they check the records for bad checks) and the lendor will find you very easily.
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