A judgment creditor can collect the judgment debt by levying your bank account. Once your bank account is levied, you cannot use the money in it. If you have money in the account more than the judgment debt, then you can use the amount over the judgment debt. If you pay off the judgment debt, the levy will be terminated and the bank will be notified to release the levy which means that you can use all the money in the account.
Credit Cards and Bankruptcy
Garnishment and Unsecured Debt
Debt Settlement - Negotiating with Debt Collectors
The answer above should not be relied upon as legal advice. The information provided above is based on insufficient facts and only speaks to a general opinion based on those insufficient facts. No warranty is provided that the answer is correct. No attorney-client relationship has been formed with me until a signed written contract is complete. For an official opinion, it is advised you seek legal counsel.
Answered on Dec 24th, 2011 at 8:29 PM