Skip to content

Recommended Retention Period for Levies/Freezes

Answered by: 

What is the recommended retention period for Levies and Freezes processed by the financial institution?

The record retention period for "garnishment" orders is two years under federal law. Any other requirements for record retention regarding third party claims for funds or information are a product of state law or regulation and vary in length from state to state. Consider posting your question in your state's forum for a more specific answer.

First published on 03/10/2014

Filed under: 
Filed under operations as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics