A Bank Levy Checklist


This short article discusses the paperwork required to levy (garnish) a judgment debtor’s financial institution or examining account in a bank or credit score union in California, as per the guidelines CCP 699.080, CCP seven hundred.one hundred ten, CCP 700.a hundred and forty, CCP seven hundred.a hundred and sixty, and Federal government Code 26720.nine. Other states have different legal guidelines, having said that the paperwork and techniques to levy a judgment debtor’s banking account needs to be identical.

This article is my feeling, and not authorized assistance. I am a judgment broker, and am not a lawyer. For those who ever need to have any authorized information or possibly a strategy to use, you should contact an attorney.

Step one is to obtain a writ of execution (in California, EJ-a hundred thirty) from your courtroom for that county wherever your judgment debtor’s banking account is. The Sheriff often requires the original writ duplicate.

A notice of levy sort will likely be required, in California This really is Type EJ-150. Make not less than 3 copies of all pages of the original courtroom-stamped writ of execution. Also make a few copies in the EJ-a hundred and fifty, and all the opposite paperwork and forms required for the lender levy.

Inside the condition of California, Every single with the fifty eight counties and their civil Sheriff departments have various procedures. In a few counties, the Sheriff serves financial institution levies, in other counties it’s essential to employ the service of a Registered Procedure Server (RPS) to provide financial institution levies. Ordinarily, a lot less copies of paperwork, and occasionally even a lot less kinds are needed, in the event the Sheriff serves financial institution levies them selves. bank levy

What the Sheriff or maybe a Registered Approach Server demands:

1) The original writ of execution, and several other copies of it.

two) A check for $35 payable on the Sheriff, so they can open a Sheriff levy file.

3) A letter of instruction into the Sheriff, specifying what you wish finished. You need the Sheriff to levy your judgment debtor’s banking account to fulfill your judgment. Be sure you include things like information about your debtor’s financial institution title and site, the court circumstance quantity, the creditor (you), along with the judgment debtor. The Sheriff Guidelines needs to be signed via the creditor, and I recommend signing using a pen having blue ink. If a RPS is made use of, they ought to get a duplicate from the signed Sheriff letter, which they are able to get “date stamped” to allow them to prove they opened the Sheriff levy file prior to they done the bank levy.

The judgment debtor’s bank is served with:

one) The first writ of execution, or a copy of it.

2) The first observe of levy variety (EJ-a hundred and fifty). The Sheriff or RPS serves the bank with this observe of levy, and it truly is signed at some time of services.

three) The original memorandum of garnishee variety.

The judgment debtor (following the levy is done) is mailed:

one) A copy of the writ of execution.

2) A copy of your detect of levy.

three) Forms EJ-one hundred fifty five and EJ-a hundred and sixty, which informs the judgment debtor of their doable right to assert exemptions in dollar quantities. If exemptions are claimed and granted, They might defeat the creditor’s levy try.

The Sheriff (following the levy is concluded) is shipped (inside 5 days from the levy):

1) The original writ of execution.

two) The original see of levy, dated and signed. Note that there seems to be no law requiring this, on the other hand most Sheriffs call for it.

three) A duplicate in the memorandum of garnishee.

4) The evidence with the provider to the financial institution (which really should contain the individual’s identify and place on the financial institution).

5) The evidence of service by mail around the judgment debtor.

Once the bank levy, the bank sends the judgment debtor’s dollars to your Sheriff, along with the Sheriff then retains the money for enough the perfect time to insure that no promises of exemptions are filed. Then, the Sheriff pays the creditor (deducting their small price to put in writing a check) and ultimately returns the original writ into the court, showing their accounting of any money levied and paid towards the creditor.