Available options when you receive a NOTICE OF LIEN:
A Notice of Lien is a post judgment proceeding utilized to obtain information from your bank and attach a lien against your account(s). Once your bank is served with a Notice of Lien it attaches a lien against your account(s) until the judgment balance is paid in full or for up to one year, whichever occurs first. The bank must also provide the following information to our firm in writing: (1) whether or not there are any open accounts; (2) how much is currently available to apply to the judgment balance and (3) the name(s) of the owner(s) of the account(s). The cost to issue a Notice of Lien will be added to your total account balance.
Your options upon receipt of a Notice of Lien to obtain a release of the bank lien:
- You may submit payment in full via money order, cashier’s check or certified funds payable to Vonda J. Dunn, P.C. for immediate credit to your account. Personal checks are not an option at this stage of the collection process.
- Some banks will release the lien upon receipt of a fully executed Authorization to Release Funds Form. You should check with your individual bank to confirm whether or not they utilize this procedure. If the full amount of the judgment balance is held and your bank allows this procedure, then you may sign and submit an Authorization to Release Funds Form to our office instructing the bank to forward all funds subject to the lien to our office to apply to the judgment balance.
- If you do not exercise any of the options above we will file a bank garnishment ordering the bank to release all funds subject to the lien to our office to apply to the judgment balance. The additional costs involved to file the bank garnishment will be added to your total account balance.
- You may set up a payment plan but it will not release the Notice of Lien against your bank account(s). Click here to email us a request for a Payment Plan Package.
Click here to email a request for an Authorization to Release Funds Form.