An Alaska Notice of Levy by Court Writ — Bank Sweep is a legal document issued by the Alaska court system to collect a debt from an individual or company. This document requires a bank or other financial institution to transfer money from the debtor’s account to the court, who will then use the funds to pay off the debt. There are two types of Alaska Notice of Levy by Court Writ — Bank Sweep: 1) Court-ordered Bank Sweep, and 2) Voluntary Bank Sweep. With Court-ordered Bank Sweep, the court issues an order to the bank to transfer the funds, while with Voluntary Bank Sweep, the debtor agrees to the bank transfer without a court order. Both types of Bank Sweep require the bank to provide notification to the debtor that funds have been transferred from their account.
Alaska Notice of Levy by Court Writ - Bank Sweep
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