Menu
A bank levy is a legal action taken by creditors to seize money directly from an individual’s bank account. This can be done if an individual fails to pay a debt or a tax bill.
01
Our tax experts will sit down with you and make you a priority. We will answer any questions you may have regarding your payroll taxes. We will review your books and payroll and formulate a plan to get you caught back up.
02
Our tax experts will do all the work for you! We will research how to navigate your books and the best solutions to help benefit you as an individual or your company.
03
Our tax experts will create a solution for your bookkeeping and payroll tax problems. We will work on your behalf and begin assessing how to resolve your problems and provide you with a plan of action.
Creditors and lenders can also utilize a bank levy in order to collect on unpaid loans and debts.
If an individual owes money from a court judgment, such as a divorce decree or a civil suit, the court can order a bank levy to collect on the judgment.
When an individual is delinquent on their child support payments, the court can issue a bank levy to collect the money owed. In some cases, it may even be possible for the court to garnish wages as well.
A tax advisor can help individuals facing a bank levy by providing advice on how to handle their debt and minimize the levy’s impact. We can also guide how to dispute the levy and negotiate with creditors for alternative payment arrangements.