My bank account has been levied. What can I do?
Let’s learn my bank account has been levied. What can I do. The most accurate or helpful solution is served by Yahoo! Answers.
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I live in California and I bank with Bank of America. My account is being levied for about $4000 by a creditor. I have direct deposit and will not have access to any of the money until it's paid off. I have automatic monthly withdrawals from that account to pay for bills and can't afford to lose my entire paycheck every time I get paid. Can I cancel my direct deposit for now and if I do, can they and will they garnish from my wages? How long will it take? I'm really stressed out, please help.
Answer:
Cancel direct deposit ASAP. Yes, they can garnish your wages but it will be for a lot less money - they...
Ella at Yahoo! Answers Mark as irrelevant Undo
Other solutions
I received a Judgment against me so I closed all my accounts to protect myself from a possible bank levy. However, I have heard that if I have someone else open an account for me and add myself as the power of attorney, they would be unable to levy my...
Answer:
sorry, when we receive the levy, we will look for any and all accounts you are a signer on. That will...
LP at Yahoo! Answers Mark as irrelevant Undo
I checked my bank account this morning online and found I was overdrawn. When I called the bank I found out the IRS had levied my money. I was advised to call the IRS and plea my case, and tell them the money has already gone to bills. Is this good advice...
Answer:
Waiting until the firing squad has lined up and fired is procrastinating too long. The money has not...
Edward at Yahoo! Answers Mark as irrelevant Undo
For example, a Singapore HSBC or Standard Chartered bank account. Both banks are not US but do have branches there. If a US citizen were sued (potentially by creditors) but not able to be served could a court order from the US actually place a levy...
Answer:
I think you are asking that if a default judgment issues from a US Court are those accounts at risk...
Jonathan H. Levy at Quora Mark as irrelevant Undo
They held my funds in a levy hold. Then, 20 days later, the bank sent them the money. These are my entire savings (a little over $5000). I'm not disputing the amount, but I would ...show more
Answer:
You had at LEAST 6 months of increasingly threatening notices from the IRS before the levy happened...
UC7DZHS4CT5IDTEZ4EJSQKYMGY at Yahoo! Answers Mark as irrelevant Undo
Answer:
In most instances the entire amount of the account is subject to levy. The exception is if the account...
community wiki at wiki.answers.com Mark as irrelevant Undo
Hello, I am not a US citizen. Neither do I reside in the States. One of my clients is an US-based company. For services I deliver, the company makes direct payments to my bank account in the States. I have been involved with the projects for this client...
Yahoo! Answers Mark as irrelevant Undo
I have delinquent taxes of $145,000 from previous tax years. With this type of debt, I sought out a professional tax agency to represent me with the IRS in an Offer or a payment plan. Well, the IRS levied my bank accounts without the proper written notification...
Answer:
You should've paid your taxes on time in the first place. You knew you had to, but chose not to, so...
DNA at Yahoo! Answers Mark as irrelevant Undo
Answer:
The source of the asset really makes no difference. It is only in your accounting that it is student...
wiki.answers.com Mark as irrelevant Undo
community wiki at wiki.answers.com Mark as irrelevant Undo
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