Bank Levy Process
For instance, on a bank levy, you can claim an exemption of up to 75% of income from employment earned within the 30 days prior to the bank levy. If you can prove that the money seized by the sheriff is from income received within the last 30 days, the Court should order the sheriff to refund that 75% to you. The idea here is that the Courts don’t want to bankrupt you to satisfy the debt. They recognize that there are certain necessities of life and the Court will not deprive you of that. But you must take action within the time frame permitted by law.
The key is not to wait too long to fight back. If you miss your deadlines to oppose a bank levy, then that money held by the sheriff is gone and you’ll never get it back. But, by taking swift action you can reduce or eliminate these judgment collection efforts. Recently debt relief attorney Daniel Gamez helped a client get back 75% of a paycheck after the bank levied on their account on a payday. They originally thought that money was lost forever. We’re just glad they took quick action to retain us so we could get their money back.