What should I do with a fee announcement?
If you receive a Levy notice, be aware that the creditor intends to entertain your assets to meet the debt. If you want to protect your assets, especially if some of them are exempt from a seizure, you should act quickly. Contacting a lawyer is a good idea as well as steps to prove that some of your assets are exempt. You may also want to try negotiations with your creditor and see if you can develop a friendly payment agreement or even open a new bank account to protect your funds.
Usually the fee notice is sent after your creditor has won the judgment against you in court. In some places, however, a court judgment may not be necessary to collect your assets. For example, in the United States, a court judgment is not obliged to collect tax debt, a starting student loan or back support for a child through wage packaging or fee. Your creditor is likely to contact your bank and freeze to your account, which may beFor more than the value of the troop, and then it starts to take what money it can.
A lawyer can help you find out if you have a chance to appeal or release a judgment against you, so consider contacting one when you receive a fee notice. If you cannot afford a lawyer, you may be able to obtain legal advice through legal assistance or other legal services for people with low income in your community. Some of your income or assets, such as pension benefits or income from disability, cannot be selected in some places. If you receive such income, inform your creditor, your bank and the court, who ordered the payment of this fact. Although it is likely to be illegal for your creditor to use these resources, it is usually up to you to prove that these funds are exempt, so start making these notifications as soon as you receive a fee notice.
Another way toProtecting your money is open a new bank account. This actually achieves two things. First, it allows you to keep any of your liberated assets separate from assets that your creditor can choose. Secondly, it provides you with a safe place to keep your money until your creditor knows about the second account. Another option is to serve bankruptcy. Depending on the laws where you live, bankruptcy may protect you from all collection activities, including fees.