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Understanding a Bank Levy and What You Can Do About It

If you’re unsure of what a bank levy is, the best way to understand it is as a legal action that allows a creditor or government agency to take funds from your checking or savings account. A bank levy can cause serious financial hardship, making it important for people to be aware of how they work and what their options are for dealing with them.

A bank levy occurs when creditors take money from your accounts after receiving judgment from the court. Creditors may also use this method if you fail to comply with repayment plans or other agreements made between yourself and the creditor. The money is taken directly out of your available balance and sent directly to the creditor so they can be repaid. Bank levies can also occur in cases where taxes are owed, student loans are unpaid, and more.

The Law Offices of Omar Zambrano has helped thousands of people and them businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706


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