What is levy?

What is levy?

• A. The legal seizure of property to satisfy a judgement.
• B. A method to file a civil lawsuit.
• C. A tax assessment.
• D. A court order to produce records.

Answer: (A)

Levy refers to the enforcement step after a creditor wins a judgment. It is the legal seizure of the debtor’s property or assets under court authority to satisfy the judgment. A sheriff or other officer may seize non-exempt items or funds and may sell them to apply the proceeds to the debt, with exemptions protecting basic necessities. This is different from starting a case (filing a civil lawsuit), which is about initiating litigation, from tax assessments (which relate to taxes), or from a court order to produce records (a subpoena or document demand).

Levy refers to the enforcement step after a creditor wins a judgment. It is the legal seizure of the debtor’s property or assets under court authority to satisfy the judgment. A sheriff or other officer may seize non-exempt items or funds and may sell them to apply the proceeds to the debt, with exemptions protecting basic necessities. This is different from starting a case (filing a civil lawsuit), which is about initiating litigation, from tax assessments (which relate to taxes), or from a court order to produce records (a subpoena or document demand).