2007-11-13 11:04:37 · 2 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
the bank with levied accounts...
2007-11-13 11:07:06 · update #1
That is really up to the bank whether or not they will cash a check drawn by another party. Their main concern is being able to go after somebody if the check is returned for NSF or is stopped. It is easy if they can go against your deposit.
With a levied account, it is as though you have no account. Bottom line is that they have to trust you.
The bank on which the check was drawn should have no problem cashing it for you.
2007-11-13 11:15:45 · answer #1 · answered by Mark 7 · 1⤊ 0⤋
The levy only applies to funds in the account at the time the levy arrives - it's a one shot deal.
You can deposit the check there, but I'd start an account at a bank that the creditor doesn't know about. Otherwise, expect to see another levy if the first one didn't satisfy the debt.
good luck.
2007-11-13 12:08:09 · answer #2 · answered by Shell Answer Man 5 · 1⤊ 0⤋