What Is the Difference Between a Garnishment & a Levy?
Garnishments and levies are both collection tools used by creditors to seize an asset or replenish a debt you owe. Since they are both common collection tools creditors use, people often ask what the difference is between the two. Our New York debt relief attorneys explain the difference between garnishment and levy, and how you […]
How Do I Stop a Bank Levy?
If you haven’t made debt payments and creditors are going after you, you could face a bank levy. A bank levy is when the creditor takes the money from the bank account to satisfy a debt. However, a creditor can only perform a bank levy if they get a court judgment against you and the […]