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Posts Tagged ‘levy on bank account’

How does a creditor find your bank account?

Thursday, October 15th, 2009
bank account
Kay A asked:

There was a levy placed on my current bank account by a bill collecting agency(credit-card debt) and I still owe money. My dilemma is that I was laid off from my job and I cannot afford to pay right now. I want to file my taxes and have the funds go directly to my bank account. If I do open a new bank account and e-file, will the creditor be able to find my new account and place a levy on it? I would also like to know how they find it (bank account), and how long it usually takes.

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