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    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #1

    Oct 28, 2009, 10:17 AM
    Bank levy

    I received a bank levy from collection agency for a credit card debt. What I Can dofor stop levy and save my money?
    I'm from Philly.
    this8384's Avatar
    this8384 Posts: 4,564, Reputation: 485
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    #2

    Oct 28, 2009, 10:26 AM
    Quote Originally Posted by yadrov View Post
    i received a bank levy from collection agency for a credit card debt. What i Can dofor stop levy and save my money?
    i'm from Philly.
    First, don't post your question on top of someone else's. It makes it harder for everyone to find it and for us to give you an accurate answer, because the circumstances are most likely not the same.

    Second, if the collection agency has already gotten a hold of your account, the only way to remove it is by paying off the debt in full.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #3

    Oct 28, 2009, 10:44 AM

    For them to have attached your bank account they needed to have previously gotten a judgment against you. Were you aware of that?

    If the judgment was done properly, then the only thing you can do is either pay what you owe or negotiate a settlement.
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #4

    Oct 28, 2009, 11:10 AM

    That they will do, when on an account remains-0
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #5

    Oct 28, 2009, 11:12 AM
    Quote Originally Posted by yadrov View Post
    That they will do, when on an account remains-0
    Huh? Can you rephrase that?
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #6

    Oct 28, 2009, 11:14 AM
    Whether the company which is engaged in consolidation of debts can solve this problem
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #7

    Oct 28, 2009, 11:22 AM
    On my account it is frozen 1220, still balans-300... An amount of debt 6000...
    My question-IF they will take away all money from my checking account my bank continued payments before repayment 6000?
    this8384's Avatar
    this8384 Posts: 4,564, Reputation: 485
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    #8

    Oct 28, 2009, 11:23 AM
    Quote Originally Posted by yadrov View Post
    Whether the company which is engaged in consolidation of debts can solve this problem
    Your last two posts haven't made sense at all. We can't help you if we can't understand you.
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #9

    Oct 28, 2009, 11:24 AM
    Can a some consolidation company solve this problem
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #10

    Oct 28, 2009, 11:25 AM
    Sorry... I will try be better... (((
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #11

    Oct 28, 2009, 11:26 AM

    A debt consolidation agency may help.

    Yes, they will continue to take money deposited in your account until what you owe is paid or until you negotiate a settlement.

    I asked you originally if you were aware of the judgment, were you?
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #12

    Oct 28, 2009, 12:27 PM

    yes,I do aware of the judgment... But later, than it happened...

    Then ,I moved and forget about it.
    ==============
    Do you can recommend the good and fair consolidation company?
    (I have experience with bad and all my problems have begun, when I in 2004 have tried to consolidate my debts and have lost $2000 (some swindlers... simply deceived)
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #13

    Oct 28, 2009, 12:30 PM
    If I on my account will not have money... How they will take?
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #14

    Oct 28, 2009, 12:31 PM
    If I don't have money in my account... How they will take?
    this8384's Avatar
    this8384 Posts: 4,564, Reputation: 485
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    #15

    Oct 28, 2009, 12:32 PM
    Quote Originally Posted by yadrov View Post
    If i don't have money in my account... How they will take?
    They will take whatever is in the account until the judgment is satisfied.
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #16

    Oct 28, 2009, 12:37 PM

    I have in my account - $1500 but they want-6000 !
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #17

    Oct 28, 2009, 12:41 PM
    It means - my bank will pay the own self money, and later will demand this money from me?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #18

    Oct 28, 2009, 03:33 PM

    No, your bank will just hand over any money deposited in the account until the judgment is satisfied. They cannot and will not turn over anything more than what you have deposited.
    yadrov's Avatar
    yadrov Posts: 19, Reputation: 1
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    #19

    Oct 28, 2009, 08:01 PM

    What better for me?:
    1-to solve it in court,
    2- to solve with attorney,from collection agency
    3-to solve through collection agency directly?
    4- to solve through the consolidatetion company
    Can I receive some discount and monthly payment?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #20

    Oct 28, 2009, 08:14 PM

    You can't solve it in court, you have already lost in court.

    You can try working through an attorney or debt consolidation service.

    You can also try6 working with the plaintiff directly, but they have little incentive to deal with you.
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