Bank account Levy question.

[acesfull]

What is the name of your state? NJ

Assume you have a good relationship with your bank. You give them alot of business etc,

Do they have any moral obligation to inform you that a levy as been placed on your account?

Are there any law requiring the bank to notify a customer about a levy?

Acesfull

[Debt Guy]

Q. Do they have any moral obligation to inform you that a levy as been placed on your account?

A. No. Moral obligations are hard to enforce. I do know that they can't give you a "heads up" before they freeze the funds.

Q. Are there any law requiring the bank to notify a customer about a levy?

A. There might be a state law. But, generally it is the responsibility of the creditor's attorney to notify you about the levy and provide you a copy of the levy order.

My advice would be to change banks if you have concerns.