Legal Question in Bankruptcy in New York

Release of Levy

A collection company for a credit card company has placed a levy on my bank account. Is this legal and will filing a Chapter 7 get the levy released?


Asked on 7/04/03, 2:32 pm

3 Answers from Attorneys
Andrew Nitzberg Andrew Nitzberg & Associates

Re: Release of Levy

This sounds unusual to me. While a CH 7 (or other CH) will help you, the 'levy' may not have been properly established. I would like to see the documents on this action. You are welcome to a consultation at no fee at my offices at 42 West 44th St, NY,NY. Please call for an appointment first (646) 591-5786.

Read more
Answered on 7/06/03, 10:30 pm
Debra Palazzo Law Offices of Debra Palazzo, LLC

Re: Release of Levy

Can only place a levy AFTER receiving court order to do so. There would have been a hearing of which you Must have been notified. If you did not receive notice of the hearing, email me and I will respond further.

Read more
Answered on 7/04/03, 7:40 pm
Neil Colmenares The Law Office of Neil E. Colmenares, P.C.

Re: Release of Levy

Depending on your situation, a Chapter 7 may release your funds (although, the Chapter 7 Trustee may reclaim that money from your creditor for himself). Please call my office to schedule an appointment to discuss your options. You have nothing to lose and everything to gain.

Read more
Answered on 7/07/03, 12:23 pm


Related Questions & Answers

More Bankruptcy Law questions and answers in New York