bank levy..judgement question?
if a person(not a company or irs) has a judgement against you, and levies your bank account. at the time of the levy they get what is in the bank account. if you deposit money into the bank account after the levy, do they get any money that goes in the bank from that point on, or do they have to show up with a court order every time they want to levy the account
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Comments (5)
The levy will usually be in the full amount for what is owed, which means that you account will continued to be levied until the Judgement is satisfied.
They keep taking it until the amount due is paid
If there is no more money in the account then they start selling off your property, take tax returns, whatever it takes
No. A judgment is a judgment and once the company obtains one against your account the bank must comply. A company may freeze your bank account if they choose in order to obtain funds. Smart people with judgments will often monitor your account and enforce the court order as soon as you deposit any funds. So essentially if they don’t get paid in full the first time, they will keep going after you until you pay what you owe.
I agree with Pressed Rat. You have no shame.
Aren’t you embarrassed to ask this? Pay your bills.
Masdf
They get the money in the account at that moment. However, once they have the Levy, they can come back and re-levy anytime they choose. They already have the writ, so they do not have to go back to court again!
It is sometimes advisable to enter into a payment agreement to avoid the complexities of the levy service. Chaos, bounced checks, and no money is not a good way to live.
Soccerref