A creditor may place a bank levy on your account to collect on an unpaid debt. With a bank levy in place, your account will be frozen until the creditor takes the money you owe directly from your ...

The recent decision of the Supreme Court of the United States in the case of the Bank of the Commonwealth ... an act specially empowering them to levy a tax on the capital of Banks and Insurance ...

“The government can levy salaries, social security payments and bank accounts. Even accounts ... is the most common authority to impose a tax levy, state, county or local governments can also ...

"Taxpayers are often shocked to learn how much power the IRS has once a lien or levy is in place," said the Head of Client Solutions at Clear Start Tax. "But with the right action plan, it's possible ...

can levy a bank account without a court order. By law, you must still receive advance notice of the levy. In addition, depending on the laws in your state, creditors may be required to leave a ...