Bank Levy

A bank levy freezes your bank accounts. Any checks you have written will bounce. You will not be able to withdraw any funds or pay any bills. Generally, you have 21 days to respond to the IRS after your financial institution receives a Notice of Levy for your accounts. After that, your accounts are drained and the money is sent to the IRS. If you act immediately, we may be able to get the levy revoked. Together, we can compile and forward the IRS the information they require to release the levy. We will also negotiate the best possible payment arrangement the law and your finances allow.