Plain-English definition
A legal process that can reach money in a bank account to satisfy a judgment or other enforceable obligation.
Why this term matters
A levy notice raises questions about the judgment, account ownership, source of deposits, exemptions, and the deadline to object or claim protection.
Do not confuse it with
A bank levy affects account funds; wage garnishment usually affects future paycheck withholding.
What to check in your papers
- Where the term appears and who issued the document.
- Whether the document states a date, deadline, hearing, or response requirement.
- Whether an official form or local court rule is referenced.
Official Sources to Check
Use official sources for federal rights and your court or state sources for filing rules, deadlines, forms, and exemptions.