what do levy mean on your checking account?

what do levy mean on your checking account?
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1 Answer

Answer :

That usually means that an institution, possibly the IRS, has a lien or hold on your account. Go To: http://losthorizons.com for help
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Related questions

Can the IRS levy a bank account that is not yours but you are an authorized signer?

Description : Can the IRS levy a bank account that is not yours but you are an authorized signer?

Last Answer : As long as they are not an account owner, the IRS shouldn’t be able to touch that money. However, I would run that by a lawyer first.

If you do have a bank account, can you close it so the IRS can't put a levy on it?

Description : If you do have a bank account, can you close it so the IRS can't put a levy on it?

Last Answer : Set up a blind trust controlled by someone you can absolutely trust, and move the funds there. You can also use the courts to protect you from a levy that would leave you unable to pay for the basic requirements, like a roof over your head, food, transportation, employment costs, utilities, etc.

will I be notified before a levy from a creditor (not tax related)can actually levy my bank account?

Description : will I be notified before a levy from a creditor (not tax related)can actually levy my bank account?

Last Answer : a creditor with a judgment found my bank account and took the money out and i got a notice of it the same day in the mail. too late my account was zero. it was my social security payment which is illegal.

Anyone know who won the Bonaduce/Levy fight?

Description : Anyone know who won the Bonaduce/Levy fight?

Last Answer : What a sad end Danny Bonaduce has come to.

Where did Steve Levy go to college?

Description : Where did Steve Levy go to college?

Last Answer : Steve Levy went to State University of New York at Oswego

How many centimeters have the global sea levy risen in the last century?

Description : How many centimeters have the global sea levy risen in the last century?

Last Answer : How many centimeters have the global sea level risen in the lastcentury

Is Steve Levy Marv Levy and son?

Description : Is Steve Levy Marv Levy and son?

Last Answer : Son

Who were is David levy parents and siblings?

Description : Who were is David levy parents and siblings?

Last Answer : Feel Free to Answer

What website can i access my W-2 for Levy restaurant employees?

Description : What website can i access my W-2 for Levy restaurant employees?

Last Answer : Feel Free to Answer

Need-to-Know Information about a Tax Levy?

Description : Need-to-Know Information about a Tax Levy?

Last Answer : If you owe the IRS, a tax levy may be used to satisfy your debt.A tax levy involves the seizure of your real or personal property.The value of the property seized is then used to ... , bank accounts, income from rental property, andeven your retirement accounts.Steps in the Tax Levy ProcessThe fir

What legal steps can I take if I've been hit with an IRS tax levy?

Description : What legal steps can I take if I've been hit with an IRS tax levy?

Last Answer : First, confirm that the levy is actually yours. The IRS makes mistakes, too. If it is true, you can contact the IRS and offer to make payments instead of the levy. You need to be able to show hardship. Despite their rep, they will work with you, if you don't ignore them.

Is there anyway to stop an IRS levy?

Description : Is there anyway to stop an IRS levy?

Last Answer : There is no real way to stop an IRS levy aside from clearing your IRS tax debt. Once a levy notice has been sent, your property will be seized within the month. You can try an Offer ... processed your property will probably already by seized. Check out How to Stop an IRS Levy at Howtodothings.com

When levy went to church with his neighbors, he was surprised to see them kneel during certain parts of the service because people do no kneel at his place of worship. This is an example of cultural?

Description : When levy went to church with his neighbors, he was surprised to see them kneel during certain parts of the service because people do no kneel at his place of worship. This is an example of cultural?

Last Answer : Perhaps the most controversial change that the Rite II service in the ... use the Rite I service during Lent because not only are the prayers more ... you will notice that the rubric says, ââ ... stand. ... This deeply penitential ethos of worship emerged during the Middle Ages (in part due to the

In 1985, the famous chess player David Levy beat a world champion chess program in four straight games by using orthodox moves that confused the program. What was the name of the chess program? a) Kaissa b) CRAY BLITZ c) Golf d) DIGDUG

Description : In 1985, the famous chess player David Levy beat a world champion chess program in four straight games by using orthodox moves that confused the program. What was the name of the chess program? a) Kaissa b) CRAY BLITZ c) Golf d) DIGDUG

Last Answer : b) CRAY BLITZ

A certain Professor at the Stanford University coined the word ‘artificial intelligence’ in 1956 at a conference held at Dartmouth college. Can you name the Professor? a) David Levy b) John McCarthy c) Joseph Weizenbaum d) Hans Berliner

Description : A certain Professor at the Stanford University coined the word ‘artificial intelligence’ in 1956 at a conference held at Dartmouth college. Can you name the Professor? a) David Levy b) John McCarthy c) Joseph Weizenbaum d) Hans Berliner

Last Answer : b) John McCarthy

A certain Professor at the Stanford University coined the word 'artificial intelligence' in 1956 at a conference held at Dartmouth College. Can you name the Professor? A. David Levy B. John McCarthy C. Joseph Weizenbaum D. Hans Berliner E. None of the above

Description : A certain Professor at the Stanford University coined the word 'artificial intelligence' in 1956 at a conference held at Dartmouth College. Can you name the Professor? A. David Levy B. John McCarthy C. Joseph Weizenbaum D. Hans Berliner E. None of the above

Last Answer : B. John McCarthy 

A levy of excise duty on consumption of an item consumed will …………….. (a) Induce suppliers to pump in more quantity in the market; (b) Result in fall in the consumption of the commodity and lower total expenditure on it by the consumer ; (c) Lead to inflationary conditions ; (d) Place the consumer on lower indifference curve

Description : A levy of excise duty on consumption of an item consumed will .. (a) Induce suppliers to pump in more quantity in the market; (b) Result in fall in the consumption of the commodity ... by the consumer ; (c) Lead to inflationary conditions ; (d) Place the consumer on lower indifference curve

Last Answer : (d) Place the consumer on lower indifference curve 

At a given price increase in quantity supplied can be possible if …………… (a) There is apprehension of sharp fall in prices in future ; (b) Refund or subsidy of statutory levy in cash is given by the Government; (c) Improvement in technology led to cost saving ; (d) All the three

Description : At a given price increase in quantity supplied can be possible if …………… (a) There is apprehension of sharp fall in prices in future ; (b) Refund or subsidy of statutory levy in cash is given by the Government; (c) Improvement in technology led to cost saving ; (d) All the three

Last Answer : ; (d) All the three

Who owns the copyright on my checking account?

Description : Who owns the copyright on my checking account?

Last Answer : There would be no proof that you wrote the verse. So I suppose the copywrite would belong to the one who copywrites it first.

What are my options for getting cash from my checking account without the physical debit card?

Description : What are my options for getting cash from my checking account without the physical debit card?

Last Answer : My guess is that your fate will be determined by the temperament of whichever bank employee you happen to draw. The way I see it, so cavalier an attitude regarding your debit card raises some intriguing questions.

Who can write out checks from a joint checking account?

Description : Who can write out checks from a joint checking account?

Last Answer : Both can write checks, as far as the bank is concerns, but many businesses won’t accept them from the spouse whose name is not on the check.

PayPal account - advice - credit card or direct checking account as default?

Description : PayPal account - advice - credit card or direct checking account as default?

Last Answer : My default into my bank. Just because I don't want to balance out from my pay pal into credit card then pay with banking. But I don't think theres anything wrong with using it into the credit card and ... can tranfer to and fro, but I don't think you can put money into your credit card from paypal.

Opening first checking account?

Description : Opening first checking account?

Last Answer : answer:Most banks charge a monthly fee ( $15 per month ) and the checks are also cost. A minimum on deposit of several hundred dollars. Most require a monthly direct deposit from the company you work for, ... your age, under 18 years old. You should see if they will let you start a savings account.

Balancing checking account on computer?

Description : Balancing checking account on computer?

Last Answer : There's a time lag between the time you receive your monthly statement and the computer statement. The computer statement should be the most up to the minute one, so I would go by that ... to reconcile to both adjusting for the checks and deposits that have cleared since you received your statement.

How is a debit card with a checking account different from this >PASS card?

Description : How is a debit card with a checking account different from this >PASS card?

Last Answer : It's like a cross between a checking account and a gift card. With a pre-paid card, your parents deposit money onto the card, and can reload more money as you spend it down. In that way it's ... costs $50, your card will be declined and you will have to find another way to pay for your purchase.

Is there any way to start a checking account in the U.S. without a street address? (With only a PO box address?)

Description : Is there any way to start a checking account in the U.S. without a street address? (With only a PO box address?)

Last Answer : Assume that you live somewhere; that’s your street address. It doesn’t have to be on the checks.

Checking account I can initiate wires from online?

Description : Checking account I can initiate wires from online?

Last Answer : Bank of America has a really good one; you can also tranfer funds to and from different account regardless of the institution for free. I think it takes a day or so to set up if it isn’t a BOA to BOA account, but very convenient if you need to move funds around.

How do I minimize the hit when trying to put euros into my US checking account?

Description : How do I minimize the hit when trying to put euros into my US checking account?

Last Answer : I’m a little confused.. is this ‘hit’ coming in the form of the exchange rate.. a wire transfer fee.. i’m not really sure what in particular you are referring to.

What do you think of giving your bank card number to a free online credit checking website then taking all your money out of your checking account?

Description : What do you think of giving your bank card number to a free online credit checking website then taking all your money out of your checking account?

Last Answer : I’m sorry, that “teaches the thieves” how?

Turned down for a free checking account?

Description : Turned down for a free checking account?

Last Answer : Just a guess but a lot of checking accounts come with overdraft protection, which is essentially a line of credit. Even without overdraft protection, a poor credit rating is probably considered an ... to bounce checks. Bounced checks and the associated hassle are costs for the bank as well.

I forgot my password on amazon.com and i tried to recover it by clicking the "forgot password?" link and it wants me to enter the last four digits of the last credit card I used but I didn't use a credit card I used a checking account. Please help.

Description : I forgot my password on amazon.com and i tried to recover it by clicking the "forgot password?" link and it wants me to enter the last four digits of the last credit card I used but I didn't use a credit card I used a checking account. Please help.

Last Answer : Why don’t you just open an new account?

For what do you use the checkmark column in a checking account register?

Description : For what do you use the checkmark column in a checking account register?

Last Answer : When your check has cleared the bank. Then you are sure the check has been cashed or depositied by the merchant and the money has been withdrawn from your account. The check you wrote has then ‘been cleared’.

Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do this. But my bank refuses to "stop payment" on these tranfers even though its my money and it has no obligation to X. What's the law on this?

Description : Suppose I borrow money from X and I authorize my bank to make monthly payments directly from my checking account. Now, I want more flexibility by paying either online or by check. X refuses to let me do ... tranfers even though its my money and it has no obligation to X. What's the law on this?

Last Answer : answer:Hmm, I suppose you're from USA. Don't know the laws there, but here in Slovenia, we handle things like this by calling and yelling at the lady on the other side and things get fixed eventually. But ... what you can't do with you money. I'd threaten them I'm gonna change the bank or smthng.

How much money do you keep in your checking account?

Description : How much money do you keep in your checking account?

Last Answer : answer:We try to keep two weeks salary in our checking account at all times. Currently it is a bit lower because we're moving and having to pay bills for both places, but that's our comfort level. As ... the rest of your question, I can fully admit that I am not the person to be handing out advice!

IF TCF CLOSES A CHECKING ACCOUNT CAN YOU OPEN ANOTHER ACCOUNT WITH WHETHER IT BE SAVINGS OR CHECKINGS?

Description : IF TCF CLOSES A CHECKING ACCOUNT CAN YOU OPEN ANOTHER ACCOUNT WITH WHETHER IT BE SAVINGS OR CHECKINGS?

Last Answer : They will likely deny your checking account application. You may be able to open a savings account with them.

How often should you typically monitor you checking account?

Description : How often should you typically monitor you checking account?

Last Answer : Monthly

Setting Up A Checking Account?

Description : Setting Up A Checking Account?

Last Answer : Setting up a checking account sounds like a straight forward,easy process. And for many, it is. For others, there are thingsthat stand in the way of a checking account. For still others,simply ... charge a monthly fee for maintaining an account andstill others -- although very few others today --

Checking Account Overview?

Description : Checking Account Overview?

Last Answer : Checking accounts are one of the most important tools inmanaging finances. They allow for access to money, often with theuse of a debit card and personal checks. These tools can be used topay ... limited accounts include morestrict limits on money that can be removed on a daily basis, aminimum r

Finding the Best Online Checking Account?

Description : Finding the Best Online Checking Account?

Last Answer : Finding the best online checking account is no easy feat. Thereare many considerations to keep in mind, while one searches for theonline checking account that best serves his or her needs ... how much valuable information one istransmitting online, when one is opening an online checkingaccount. Inf

Why Open a Checking Account Online?

Description : Why Open a Checking Account Online?

Last Answer : There are a number of reasons why a consumer would want to open a checking account online. Online checking allows consumers to make deposits, withdrawals, and manage their finances right from their computer. ... good idea to make a list of your available options. There are a wide variety of onl

Tips for Opening an Online Checking Account?

Description : Tips for Opening an Online Checking Account?

Last Answer : Opening an online checking account can be a stressful endeavor.However, with the tips outlined in this article, one should have noproblem finding a checking account that meshes well with theirfinancial needs ... $10 to $100 for simply opening an online checkingaccount. In addition, if one refers a f

Opening an Online Checking Account?

Description : Opening an Online Checking Account?

Last Answer : The process of opening an online checking account is actuallyvery easy. The best thing a consumer can do to be involved in theprocess is gather the necessary information he or she will need, aswell as become ... most out of such an account.First, a person will have to look at what a certain bankre

Is it Safe to Use a Checking Account for Online and Phone Purchases?

Description : Is it Safe to Use a Checking Account for Online and Phone Purchases?

Last Answer : Many consumers are choosing to throw away credit cards to reduce household debt. In place of credit cards, debit cards with credit emblems and checking accounts are commonly used to make internet ... page and the checking account is charged for the purchase. Many online shoppers think a webs

Tips on Selecting the Best Checking Account?

Description : Tips on Selecting the Best Checking Account?

Last Answer : Not too many years ago, banks typically offered few options whenit came to a checking account. As competition increased, new twistswere developed in hopes of enticing customers to open an account ... require that you maintain a minimumbalance, while other accounts charge a maintenance fee if you wri

How old does my son have to be before opening a checking account?

Description : How old does my son have to be before opening a checking account?

Last Answer : It depends on the bank. Some banks may give checking accounts to people as young as 16. However most have tighter restrictions. Generally, banks will not allow a person to open their own checking ... child's spending on a joint account. The minimum age for joint accounts is usually 14 years.

At what age should I allow my teenager to get a checking account of his/her own?

Description : At what age should I allow my teenager to get a checking account of his/her own?

Last Answer : Like a lot of decisions this one should be based on their maturity and ability to understand managing the account. I would say 15 or 16 is a good age to start if they are ready to manage the account.

If you are under 18 do you need a parental signature to get a checking account?

Description : If you are under 18 do you need a parental signature to get a checking account?

Last Answer : Yes, if you are under 18 years of age, you do need a parental signature to get a checking account. The only time this isn't the case is if you are a liberated child, meaning you don't ... this. I opened a bank account by myself when I was 15, and withdraw money regularly without parental consent.

Do you know if banks will still give high interest rates on savings accounts compared to a regular checking account?

Description : Do you know if banks will still give high interest rates on savings accounts compared to a regular checking account?

Last Answer : Most savings accounts hold little to no interest rate currently. They are basically the same as a checking account. If you are looking for higher yield interest, consider purchasing a CD.

What kind of documentation is needed to open an online checking account?

Description : What kind of documentation is needed to open an online checking account?

Last Answer : Opening an online checkign account is relitively easy. If you have your state issued ID and your social security number you should have enough information.

Does your bank offer an online checking account?

Description : Does your bank offer an online checking account?

Last Answer : Many banks offer online checking accounts along with my own, which is Wachovia. If you are a new or existing bank member, the easiest way to find out about an online checking account is by either visiting ... they do or not My personal account has online banking. But I don't use it at the Moment.