Legal Question in Credit and Debt Law in California
bank levy
I have recently had a levy placed on
my bank account. The amount of
funds in the bank at the time the
levy was served on the bank was
NOT sufficient to satisify the
judgement. I understand that they
can re-file to obtain more money.
Any idea how long it takes for them
to re-file? (I live in Los Angeles
County)
Asked on 5/03/07, 12:21 pm
1 Answer from Attorneys
Carl Starrett
Law Offices of Carl H. Starrett II
Re: bank levy
A Writ of Execution is valid for 6 months. The judgment debtor could request another bank levy at any time prior to the expiration date of the Writ. It really doesn't take long at all and that is why most judgment debtors move their account(s) to another bank after the first levy.
Answered on 5/03/07, 12:45 pm