If I paid a large judgement of 6 figures, what can I do if the creditor still has my bank account frozen and it’s been over 3 weeks?
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If I paid a large judgement of 6 figures, what can I do if the creditor still has my bank account frozen and it’s been over 3 weeks?
What is the limitations on how long they have to file the satisfaction of judgement?
Asked on July 10, 2012 under Bankruptcy Law, Pennsylvania
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
If the judgment against you has been paid off in full and your bank account is still frozen due to a levy, the judgment creditor is required to file a full satisfaction of the judgment within 30 days of the check or funds clearing.
I would write the former judgment creditor demanding that the levy on your bank account be released immediately or you will file a motion for its release and ask for monetary sanctions against the judgment creditor for its failure to do so and record a full satisfaction of the judgment against you.
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