How to Find Out If There Is a Levy on Your Account?

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A bank levy is the result of a garnishment being placed on an individual's bank account. There are three parties to a garnishment: the creditor to whom money is owed; the garnishee, which is the bank or credit union that executes the levy; and the debtor, the person who owes the creditor. In general, debtors are not given notice that a bank levy is being issued; an exception is the Internal Revenue Service , which typically sends a warning and/or notice of garnishment.

  • Review the garnishment order. Read the levy or garnishment order in its entirety to determine if you are eligible for an exemption. In some states, if you make under a statutory amount per week and/or provide for a dependent, the levy cannot be enforced or must be reduced.

  • Contact the bank's garnishment department. Phone your bank or credit union and get the number of the garnishment department. Phone the garnishment department and ask for the name of the creditor and the levy amount. In some states, the creditor is allowed to put a hold on an account double the amount actually owed to ensure the funds are released to settle the debt.

  • Phone the creditor. Contact the creditor and ask for the exact amount owed. Ask for written verification of the debt and request the levy be suspended or released in exchange for an in-full payment in the form of a money order or certified check.

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