Bank Levy


A judgment debtor's deposit account or safe deposit box may be levied upon under a writ of execution (money judgment). The levy reaches only those funds held at the time the levy is served upon the specific bank branch where the account is maintained. 

The judgment creditor must supply the levying officer with the name and address of the bank or financial institution to be served. The specific account number is not required for a bank levy. However, if the deposit account stands in the name of the judgment debtor and the debtor's spouse, other person(s), or in a fictitious business name, you will need to supply additional documents to be delivered to the bank at the time of the levy.