Are Federal and State Tax Levies subject to the new garnishment procedures? Would a Federal Tax Levy be considered to be from the US Government?
Should current day ACH deposits be considered available to hold when receiving a levy/garnishment or is the available balance from the previous day to be used?
I received a garnishment on an authorized signer of a customer's account. My question is in regard to the Claim for Exemptions form. Do I send this to the person named on the garnishment? We have a loan in his name, so I have a current address (there is no line of credit associated with the loan). In the past, I have mailed this notice to customers who have zero or negative balances but this is the first for me on an Authorized Signer.
I recently had a customer come in with an order of dismissal for a garnishment she currently has on her account. I called the law firm to confirm that I was able to accept the copy she brought to me but the law firm told me I needed to wait for their copy. The customer informed me that the judge had told her that the copy she had would be sufficient and I should release her account right away. I am just wondering why the judge would tell her it was ok when the law firm told me it was not.
Can a State Sales Tax Levy be executed on a LLC titled bank account with an EIN number? Also, does anyone investigate whether the funds in the account are SS Benefits?
Are unemployment funds exempt from garnishments? For example, I receive a garnishment and the person is receiving unemployment benefits. Can I still put a hold on those funds?
I have received a Seizure Warrant from a US District Court. Unlike a garnishment, it does not indicate a return date. What is the proper method for handling?
Can you garnish a Certificate of Deposit when you receive notice and order to withhold and deliver?
I received a garnishment summons on a customer's personal and business accounts. Most of the accounts were overdrawn, save for one account that had roughly $10,000 in it. Can the bank use that $10,000 to bring some of the overdrawn accounts to a zero balance instead of setting it aside to the garnishment?
Can/should a customer receive an IRA mandatory distribution (turned 70 1/2) if we have received a garnishment on him?